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62G.06 Organization.

Except as otherwise expressly provided by sections 62G.01 to 62G.25, a legal service plan corporation shall be incorporated under and subject to the provisions of chapter 317A, and in addition shall have, to the extent provided in its articles of incorporation, all powers and duties provided by sections 62G.01 to 62G.25, for legal service plan corporations. A legal service plan corporation may be incorporated by not less than three residents of this state.

No legal service plan corporation shall include within its name the words "insurance," "casualty," "surety," "mutual," "indemnity," or any other words descriptive of the insurance, casualty, or surety business. No legal service plan corporation shall have a name, mark or symbol which is the same as, or deceptively similar to, the name of any other domestic corporation.

HIST: 1978 c 785 s 6; 1989 c 304 s 137

Official Publication of the State of Minnesota
Revisor of Statutes