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66A.03 Incorporation.

Domestic mutual insurance companies are incorporated under the provisions of chapter 300. Except as otherwise provided in this chapter, the certificate or articles of incorporation shall comply with section 300.025, other than:

(1) the requirement that a majority of board members must always be residents of this state; and

(2) the requirements of section 300.025, paragraph (a), clause (7).

HIST: 1967 c 395 art 7 s 3; 1994 c 426 s 13

Official Publication of the State of Minnesota
Revisor of Statutes