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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: SF3269

Relating to insurance; regulating mutual insurance holding companies; modifying
the definition of eligible member and policy; prohibiting
policyholders of other
insurance company subsidiaries of a mutual insurance holding company from being
members of the mutual insurance holding company, exceptions; requiring
reorganization plans to provide for describing a plan to send or otherwise make
available to members the annual report and financial statement; authorizing a
domestic insurance company previously reorganized into a stock subsidiary of a
mutual insurance holding company to convert into a
mutual insurance company with
commissioner of commerce approval
(je)