60A.58 SUPPLEMENTAL PROVISIONS.
Subdivision 1.
Effect. Sections
60A.50 to
60A.592 are supplemental to any other provisions
of the laws of this state, and must not preclude or limit any other powers or duties of the
commissioner under such laws, including, but not limited to, chapter 60B and sections
62D.041,
62D.042,
62D.18, and
62D.181.
Subd. 2.
Exemption. The commissioner may exempt from the application of sections
60A.50 to
60A.592 a domestic health organization that:
(1) writes direct business only in this state;
(2) assumes no reinsurance in excess of five percent of direct premium written; and
(3) writes direct annual premiums for comprehensive medical business of $2,000,000 or less.
History: 2004 c 285 art 1 s 9