79A.20 ELIGIBILITY REQUIREMENTS FOR COMMERCIAL SELF-INSURANCE
GROUPS.
Subdivision 1.
Group eligibility. A commercial self-insurance group consists of two or more
employers in similar industries. The commercial self-insurance group shall not incorporate or
form a business trust pursuant to chapter 318.
Subd. 2.
Membership eligibility. A commercial self-insurance group may only admit
employers who meet the eligibility requirements established by the group including financial
criteria, underwriting guidelines, risk profile, and any other requirements stated in the commercial
self-insurance group's bylaws or plan of operation.
History: 1995 c 231 art 2 s 29