Minnesota Session Laws - 2001, Regular Session

                            CHAPTER 63-H.F.No. 1219 
                  An act relating to insurance; removing certain state 
                  involvement with the state fund mutual insurance 
                  company; repealing Minnesota Statutes 2000, sections 
                  79.371; 176A.01; 176A.02; 176A.03; 176A.04; 176A.05; 
                  176A.06; 176A.07; 176A.08; 176A.09; 176A.10; 176A.11; 
                  and 176A.12.  
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  [STATE FUND MUTUAL INSURANCE COMPANY; 
        CONTINUATION.] 
           Notwithstanding section 2, the state fund mutual insurance 
        company may continue to operate after the effective date of this 
        act as a corporation under Minnesota Statutes, chapter 300, and 
        as a mutual insurance company, with all of the powers and 
        subject to all of the laws, regulations, rules, and requirements 
        of a mutual insurance company organized under the laws of this 
        state.  All rights, liabilities, and obligations of the company, 
        except those specifically provided for in Minnesota Statutes, 
        chapter 176A, are not affected by this act.  
           Sec. 2.  [REPEALER.] 
           Minnesota Statutes 2000, sections 79.371; 176A.01; 176A.02; 
        176A.03; 176A.04; 176A.05; 176A.06; 176A.07; 176A.08; 176A.09; 
        176A.10; 176A.11; and 176A.12, are repealed. 
           Sec. 3.  [EFFECTIVE DATE.] 
           Sections 1 and 2 are effective the day following final 
        enactment. 
           Presented to the governor April 27, 2001 
           Signed by the governor April 30, 2001, 2:59 p.m.