60A.197 RATES AND FORMS.
(a) Rates used by eligible and ineligible surplus lines insurers shall not be subject to the
insurance laws except that a rate shall not be unfairly discriminatory.
(b) Forms used by eligible and ineligible surplus lines insurers pursuant to sections
60A.195
to
60A.209 shall not be subject to the insurance laws, except that a policy shall not contain
language which misrepresents the true nature of the policy or class of policies.
History: 1981 c 221 s 3