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Minnesota Legislature

Office of the Revisor of Statutes

60A.12 ASSETS AND LIABILITIES.

Subdivision 1.

[Repealed, 2000 c 350 s 16]

Subd. 2.

[Repealed, 1991 c 325 art 8 s 18]

Subd. 3.

[Repealed, 2000 c 350 s 16]

Subd. 4.

[Repealed, 2000 c 350 s 16]

Subd. 5.Loss reserves.

When, in the judgment of the commissioner, the loss reserves, calculated in accordance with statutory accounting practices as set forth in the National Association of Insurance Commissioners' accounting practices and procedures manual are inadequate, the commissioner may require the corporation to maintain additional reserves.

Subd. 6.

[Repealed, 1978 c 465 s 15]

Subd. 7.

[Repealed, 2000 c 350 s 16]

Subd. 8.

[Repealed, 2000 c 350 s 16]

Subd. 9.

[Repealed, 2000 c 350 s 16]

Subd. 10.

[Repealed, 1993 c 299 s 33]