2002 Minnesota Statutes

     62H.16 Information required to be filed and kept current.

    (a) An agent, broker, third party administrator, or insurer 
 required to file under sections 62H.10 to 62H.17 shall file with 
 the commissioner all of the following information on a form 
 prescribed by the commissioner: 

    (1) a copy of the organizational documents of the 
 reportable MEWA, employee leasing firm, or collectively 
 bargained arrangement, including the articles of incorporation 
 and bylaws, partnership agreement, or trust instrument; 

    (2) a copy of each insurance or reinsurance contract that 
 purports to insure or guarantee all or any portion of benefits 
 or coverage offered by the reportable MEWA, employee leasing 
 firm, or collectively bargained arrangement to a person who 
 resides in this state; 

    (3) copies of the benefit plan description and other 
 materials intended to be distributed to potential purchasers; 
 and 

    (4) the names and addresses of all persons performing or 
 expected to perform the functions of a third party administrator 
 for the reportable MEWA, employee leasing firm, or collectively 
 bargained arrangement. 

    (b) A filing under sections 62H.10 to 62H.17 is ineffective 
 and is not in compliance with those sections if it is incomplete 
 or inaccurate in a material respect. 

    (c) A person who has made a filing under sections 62H.10 to 
 62H.17 shall amend the filing within 30 days of the date the 
 person becomes aware, or exercising due diligence should have 
 become aware, of any material change to the information required 
 to be filed.  The amended filing must accurately reflect the 
 material change to the information originally filed. 

    HIST: 1994 c 485 s 43