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Capital IconMinnesota Legislature

Legislative Session number- 86

Bill Name: SF1849

2E Relating to commerce; modifying regulations for consumer small loans lenders
and residential mortgage originators and servicers and clarifying certain
provisions; revising annual audit requirements for insurers; providing for the
calculation of reserves and nonforfeiture values of preneed funeral insurance
contracts; regulating life and health guaranty association notices; regulating
township mutuals fire insurance company powers; imposing penalties; specifying
certain insurer compliance requirements; prohibiting the elimination or limiting
of the personal liability of a director under certain conditions; regulating
township mutuals fire insurance company surplus requirements; repealing certain
provisions relating to annual audits and township mutual insured property,
assessments, joint or partial risks and assessment
(ra)