Minnesota Legislature
Office of the Revisor of Statutes
2023 Minnesota Statutes
66A.30 TRANSFER OF RISKS AND REINSURANCE.
Every company may transfer its risks to, or reinsure them in, any other domestic or foreign company at the time authorized to do such business in this state, on the mutual or stock plan, by a contract of transfer or reinsurance approved by the commissioner, and by a two-thirds vote of the members present or duly represented and voting at a meeting of the company.
History:
Official Publication of the State of Minnesota
Revisor of Statutes