Minnesota Legislature
Office of the Revisor of Statutes
2010 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
72B.136 ESCROW OR TRUST ACCOUNTS.
A public adjuster who receives, accepts, or holds any funds on behalf of an insured, towards the settlement of a claim for loss or damage, shall deposit the funds in a non-interest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.
History:
Official Publication of the State of Minnesota
Revisor of Statutes