1.1 	A bill for an act
1.2 	relating to commerce; regulating building and construction contracts; prohibiting 
1.3 	certain agreements to insure;amending Minnesota Statutes 2010, section 337.05, 
1.4 	subdivision 1.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2010, section 337.05, subdivision 1, is amended to read:
1.7 		Subdivision 1.Agreements valid. (a) Except as otherwise provided in paragraph 
1.8 	(b), sections 337.01 to 337.05 do not affect the validity of agreements whereby a promisor 
1.9 	agrees to provide specific insurance coverage for the benefit of others.
1.10 	(b) An agreement or contract provision that requires a party to provide insurance 
1.11 	coverage to another party or a third party for the negligence or intentional acts or omissions 
1.12 	of another party or third party is against public policy and is void and unenforceable.

1.13 	EFFECTIVE DATE; APPLICATION. This section is effective the day following 
1.14 	final enactment and applies to agreements entered into on and after that date.