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Chapter 60A
Section 60A.122
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This is an historical version of this statute chapter. Also view the most recent published version.
60A.122 REQUIRED WRITTEN PROCEDURES FOR VALUATIONS.
An insurer shall establish written procedures, approved by the company's board of directors, for the valuation of commercial mortgage loans and real estate owned. The procedures must be made available to the commissioner upon request. The commissioner shall review the insurer's compliance with the procedures in any examination of the insurer under section 60A.031.
History:
Official Publication of the State of Minnesota
Revisor of Statutes