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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: SF1782

1E Relating to commerce; providing for the regulation of service contracts and
contract providers, exemptions; defining certain terms; specifying certain
requirements for transacting business, authorizing the appointment of an
administrator, requiring registration with the commissioner of commerce,
specifying certain insurance and other financial requirements, imposing a right
of return; specifying certain required disclosures relating to reimbursement
insurance policies and service contracts; specifying certain prohibited acts and
recordkeeping requirements; providing for termination of reimbursement insurance
policies, imposing certain obligations on insurers; severability provision;
prohibiting certain unfair or deceptive practices relating to service contracts

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