Minnesota Session Laws - 1990, Regular Session

  

                         Laws of Minnesota 1990 

                        CHAPTER 447-H.F.No. 2500 
           An act relating to insurance; modifying the effective 
          date of the statutory notice requirement for 
          cancellation or nonrenewal of individual life 
          policies; amending Laws 1989, chapter 330, section 38. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Laws 1989, chapter 330, section 38, is amended 
to read: 
    Sections 1 to 3, 5, 6, 8, 9, 11 to 14, 18, 23 to 25, 28, 
30, 32, 33, 36, and 37 are effective the day following final 
enactment.  Sections 4, 7, 10, 17, 20, 27, 29, 31, and 35 are 
effective August 1, 1989.  Sections 15, 16, 19, 21, and 22 are 
effective for policies, plans, or contracts issued or renewed on 
or after August 1, 1989.  Section 29 does not apply to a named 
insured who is not the policy owner under an individual life 
policy issued before August 1, 1984. 
    Sections 26 and 34 are effective January 1, 1990. 
    Sec. 2.  [EFFECTIVE DATE.] 
    Section 1 is effective retroactively to August 1, 1989. 
    Presented to the governor April 12, 1990 
    Signed by the governor April 16, 1990, 4:17 p.m.