language to be deleted (2) new language
CHAPTER 63-H.F.No. 1219 An act relating to insurance; removing certain state involvement with the state fund mutual insurance company; repealing Minnesota Statutes 2000, sections 79.371; 176A.01; 176A.02; 176A.03; 176A.04; 176A.05; 176A.06; 176A.07; 176A.08; 176A.09; 176A.10; 176A.11; and 176A.12. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. [STATE FUND MUTUAL INSURANCE COMPANY; CONTINUATION.] Notwithstanding section 2, the state fund mutual insurance company may continue to operate after the effective date of this act as a corporation under Minnesota Statutes, chapter 300, and as a mutual insurance company, with all of the powers and subject to all of the laws, regulations, rules, and requirements of a mutual insurance company organized under the laws of this state. All rights, liabilities, and obligations of the company, except those specifically provided for in Minnesota Statutes, chapter 176A, are not affected by this act. Sec. 2. [REPEALER.] Minnesota Statutes 2000, sections 79.371; 176A.01; 176A.02; 176A.03; 176A.04; 176A.05; 176A.06; 176A.07; 176A.08; 176A.09; 176A.10; 176A.11; and 176A.12, are repealed. Sec. 3. [EFFECTIVE DATE.] Sections 1 and 2 are effective the day following final enactment. Presented to the governor April 27, 2001 Signed by the governor April 30, 2001, 2:59 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes