Minnesota Session Laws - 1987, Regular Session

  

                         Laws of Minnesota 1987 

                        CHAPTER 102-S.F.No. 123 
           An act relating to local government; broadening the 
          joint self-insurance pool regulation exemption; 
          amending Minnesota Statutes 1986, section 471.982, 
          subdivision 3.  
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1986, section 471.982, 
subdivision 3, is amended to read:  
    Subd. 3.  Self-insurance pools established and open for 
enrollment on a statewide basis by the Minnesota league of 
cities insurance trust, the Minnesota school boards association 
insurance trust, the Minnesota association of townships 
insurance and bond trust, or the Minnesota association of 
counties insurance trust and the political subdivisions that 
belong to them are exempt from the requirements of this section 
and section 65B.48, subdivision 3.  In addition, the Minnesota 
association of townships insurance and bond trust and the 
townships that belong to it are exempt from the requirement to 
hold the certificate of surety authorization issued by the 
commissioner of commerce as provided in section 574.15. 
    Sec. 2.  [EFFECTIVE DATE.] 
    This act is effective the day following final enactment. 
    Approved May 13, 1987