as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 08/14/1998 |
1.1 A bill for an act 1.2 relating to insurance; liability; permitting liability 1.3 insurance coverage to include coverage for punitive, 1.4 exemplary, and similar damages; amending Minnesota 1.5 Statutes 1994, section 60A.06, by adding a subdivision. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1994, section 60A.06, is 1.8 amended by adding a subdivision to read: 1.9 Subd. 4. [COVERAGE FOR PUNITIVE AND EXEMPLARY 1.10 DAMAGES.] Liability insurance permitted to be sold under 1.11 subdivision 1 or 2 may include coverage for punitive, exemplary, 1.12 and similar damages. The coverage authorized by this 1.13 subdivision is enforceable in this state. 1.14 Sec. 2. [EFFECTIVE DATE.] 1.15 Section 1 is effective the day following final enactment.