Minn. R. agency 120, ch. 2795, pt. 2795.1700
Current through Register Vol. 49, No. 27, December 30, 2024
An agent who receives a request for cancellation of a policy must make the refund or initiate the refund procedures with the insurer, within ten days of the agent's receipt of the request. An agent who receives a refund from an insurer for the account of, or for delivery to, an insured or former insured, must deliver or mail the refund, or cause it to be delivered or mailed to the insured or former insured within five days of receipt.
Minn. R. agency 120, ch. 2795, pt. 2795.1700
Statutory Authority: MS s 60A.17