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Chapter 79A
Section 79A.20
Topics
Recent History
- 1995 79A.20 New 1995 c 231 art 2 s 29
This is an historical version of this statute chapter. Also view the most recent published version.
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.
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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:
Official Publication of the State of Minnesota
Revisor of Statutes