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Minnesota Legislature

Office of the Revisor of Statutes

SF 561

1st Engrossment - 88th Legislature (2013 - 2014) Posted on 03/21/2013 10:57am

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13
1.14 1.15

A bill for an act
relating to commerce; regulating building and construction contracts; prohibiting
certain agreements to insure; amending Minnesota Statutes 2012, section 337.05,
subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2012, section 337.05, subdivision 1, is amended to read:


Subdivision 1.

Agreements valid.

new text begin(a) Except as otherwise provided in paragraph
(b),
new text endsections 337.01 to 337.05 do not affect the validity of agreements whereby a promisor
agrees to provide specific insurance coverage for the benefit of others.

new text begin (b) An agreement or contract provision that requires a party to provide insurance
coverage to one or more other parties, including third parties, for the negligence or
intentional acts or omissions of any of those parties, including third parties, is against
public policy and is void and unenforceable.
new text end

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective August 1, 2013,
and applies to agreements entered into on and after that date.
new text end