65A.375 RATES.
The commissioner shall set the insurance rates for cooperative housing, organized under
chapter 308A, and for neighborhood real estate trusts, characterized as nonprofit ownership of
real estate with resident control. The rates must be actuarially sound. All other rates used by the
Minnesota FAIR plan must be approved by the commissioner prior to use.
History: 1987 c 337 s 94; 1989 c 356 s 5; 1993 c 248 s 11; 2003 c 40 s 15