2007 Minnesota Statutes
- Search Minnesota Statutes
- About Minnesota Statutes
- 2007 Statutes New, Amended or Repealed
- 2007 Table of Chapters
- 2007 Statutes Topics (Index)
Chapter 65B
Section 65B.08
Recent History
- 1995 Subd. 1 Amended 1995 c 258 s 48
This is an historical version of this statute chapter. Also view the most recent published version.
65B.08 RATES.
Subdivision 1. Filing. As agent for members, the facility shall file with the commissioner all
manuals of classification, all manuals of rules and rates, all rating plans, and any modifications of
same, proposed for use for automobile insurance placed through the facility. The classifications,
rules and rates and any amendments thereto shall be subject to prior written approval by the
commissioner. Rates, surcharge points, and increased limits factors filed by the facility shall not
be excessive, inadequate, or unfairly discriminatory. No other entity, service or organization shall
make filings for the facility or the members to apply to insurance placed through the facility.
Subd. 2. Use of rates. Every member shall be authorized to use the rates and rules approved
by the commissioner for use by the facility on business placed through the facility, and shall use
no other rates on automobiles placed through the facility.
Subd. 3. Facility exempt. Laws relating to rating organizations or advisory organizations
shall not apply to functions provided for under this section.
History: 1971 c 813 s 8; 1992 c 520 s 13,14; 1995 c 258 s 48
Subdivision 1. Filing. As agent for members, the facility shall file with the commissioner all
manuals of classification, all manuals of rules and rates, all rating plans, and any modifications of
same, proposed for use for automobile insurance placed through the facility. The classifications,
rules and rates and any amendments thereto shall be subject to prior written approval by the
commissioner. Rates, surcharge points, and increased limits factors filed by the facility shall not
be excessive, inadequate, or unfairly discriminatory. No other entity, service or organization shall
make filings for the facility or the members to apply to insurance placed through the facility.
Subd. 2. Use of rates. Every member shall be authorized to use the rates and rules approved
by the commissioner for use by the facility on business placed through the facility, and shall use
no other rates on automobiles placed through the facility.
Subd. 3. Facility exempt. Laws relating to rating organizations or advisory organizations
shall not apply to functions provided for under this section.
History: 1971 c 813 s 8; 1992 c 520 s 13,14; 1995 c 258 s 48
Official Publication of the State of Minnesota
Revisor of Statutes