§ 60E.01 Purpose
§ 60E.02 Definitions
§ 60E.03 Risk Retention Groups Chartered in This State
§ 60E.04 Risk Retention Groups Not Chartered in This State
§ 60E.05 Compulsory Associations
§ 60E.06 Countersignatures Not Required
§ 60E.07 Purchasing Groups; Exemption From Certain Laws Relating to the Group Purchase of Insurance
§ 60E.08 Notice and Registration Requirements of Purchasing Groups
§ 60E.09 Restrictions On Insurance Purchased by Purchasing Groups
§ 60E.095 Purchasing Group Taxation
§ 60E.10 Administrative and Procedural Authority Regarding Risk Retention Groups and Purchasing Groups
§ 60E.12 Duty On Agents or Brokers to Obtain License
§ 60E.13 Binding Effect of Orders Issued in United States District Court
§ 60E.14 Rules

Terms Used In Minnesota Statutes > Chapter 60E - Risk Retention Groups

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Month: means a calendar month and "year" means a calendar year, unless otherwise expressed; and "year" is equivalent to the expression "year of our Lord. See Minnesota Statutes 645.44
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Statute: A law passed by a legislature.