60A.207 POLICIES TO INCLUDE NOTICE.
Each policy, cover note, or instrument evidencing surplus lines insurance from an eligible
surplus lines insurer which is delivered to an insured or a representative of an insured shall
have printed, typed, or stamped upon its face in not less than 10 point type, the following
notice: "THIS INSURANCE IS ISSUED PURSUANT TO THE MINNESOTA SURPLUS
LINES INSURANCE ACT. THE INSURER IS AN ELIGIBLE SURPLUS LINES INSURER
BUT IS NOT OTHERWISE LICENSED BY THE STATE OF MINNESOTA. IN CASE OF
INSOLVENCY, PAYMENT OF CLAIMS IS NOT GUARANTEED." This notice shall not be
covered or concealed in any manner.
History: 1981 c 221 s 12; 2006 c 204 s 5