Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
66A.27 LIMITATION ON EXPENSES.
No such company shall incur, lay out, or expend, in any one calendar year, as and for the
expenses of conducting this business, more than its application or survey fees and 40 percent of
its total premiums or assessments actually collected. No company shall be required to limit its
annual expenses to less than $1,000.
History: 1967 c 395 art 7 s 27
No such company shall incur, lay out, or expend, in any one calendar year, as and for the
expenses of conducting this business, more than its application or survey fees and 40 percent of
its total premiums or assessments actually collected. No company shall be required to limit its
annual expenses to less than $1,000.
History: 1967 c 395 art 7 s 27
Official Publication of the State of Minnesota
Revisor of Statutes