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Minnesota Legislature

Office of the Revisor of Statutes

    Subdivision 1. Examination by commissioner. The reinsurance association is subject
to all the provisions of this chapter. The commissioner of labor and industry or an authorized
representative of the commissioner may visit the reinsurance association at any time and examine,
audit, or evaluate the reinsurance association's operations, records and practices. For purposes
of this section, "authorized representative of the commissioner" includes employees of the
Department of Labor and Industry or other parties retained by the commissioner.
    Subd. 2. Costs and expenses. The commissioner of labor and industry may order and the
reinsurance association shall pay the costs and expenses of any examination, audit, or evaluation
conducted pursuant to subdivision 1.
History: Ex1979 c 3 s 22; 1984 c 592 s 79; 1985 c 234 s 21