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Chapter 62I
Section 62I.07
Recent History
- 2017 62I.07 Amended 2017 c 34 s 5
- 2001 Subd. 1 Amended 2001 c 215 s 20
- 1999 Subd. 1 Amended 1999 c 177 s 51
- 1996 62I.07 Amended 1996 c 446 art 1 s 48
This is an historical version of this statute chapter. Also view the most recent published version.
62I.07 MEMBERSHIP ASSESSMENTS.
§
Subdivision 1. Assessment.
Each member of the association shall participate in its losses and expenses in the proportion that the direct written premiums of the member on the kinds of insurance in that account bears to the total aggregate direct written premiums written in this state by all members on the kinds of insurance in that account. The members' participation in the association shall be determined annually on the direct written premiums written during the preceding calendar year as reported on the Statutory Annual Statements as filed by the member with the NAIC.
Official Publication of the State of Minnesota
Revisor of Statutes