§ 60A.25 Insolvent Companies
§ 60A.26 Suspension of Insurers; Notifications and Reports
§ 60A.27 Discipline of Insurer by Another State; Notice to Commissioner

Terms Used In Minnesota Statutes > Chapter 60A > INSOLVENCY, SUSPENSION, AND DISCIPLINE OF INSURERS

  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Chair: includes chairman, chairwoman, and chairperson. See Minnesota Statutes 645.44
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
  • Violate: includes failure to comply with. See Minnesota Statutes 645.44