Minn. Stat. § 60A.122

Current through Register Vol. 49, No. 8, August 19, 2024
Section 60A.122 - REQUIRED WRITTEN PROCEDURES FOR VALUATIONS

An insurer shall establish written procedures, approved by the company's board of directors, for the valuation of commercial mortgage loans and real estate owned. The procedures must be made available to the commissioner upon request. The commissioner shall review the insurer's compliance with the procedures in any examination of the insurer under section 60A.031.

Minn. Stat. § 60A.122

1991 c 325 art 19 s 2