Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 60B.01 — Title, Construction, And Purpose. - Subdivision 1. Short title. Sections 60B.01 to 60B.61 may be...
Section 60B.02 — Persons Covered. - The proceedings authorized by sections 60B.01 to 60B.61 may be...
Section 60B.03 — Definitions. - Subdivision 1. Scope. For the purposes of sections 60B.01 to...
Section 60B.04 — Jurisdiction And Venue. - Subdivision 1. Actions by commissioner. Except as provided in subdivision...
Section 60B.05 — Injunctions And Orders. - Subdivision 1. Injunctions in this state. Any receiver appointed in...
Section 60B.06 — Costs And Expenses Of Litigation. - In any proceeding under sections 60B.01 to 60B.61, the court...
Section 60B.07 — Cooperation Of Officers And Employees. - Subdivision 1. Duty to cooperate. Any officer, manager, trustee, agent...
Section 60B.09 — Commissioner's Reports. - Subdivision 1. General report of proceedings. The commissioner shall include...
Section 60B.10 — Continuation Of Delinquency Proceedings. - Every proceeding commenced before May 25, 1969 is deemed to...
Section 60B.11 — Commissioner's Summary Orders. - Subdivision 1. Summary order after hearing. Whenever the commissioner has...
Section 60B.12 — Court's Seizure Order. - Subdivision 1. Issuance. Upon the filing by the commissioner in...
Section 60B.13 — Commissioner's Seizure Order. - Subdivision 1. Issuance. If it appears to the commissioner that...
Section 60B.14 — Conduct Of Hearings In Summary Proceedings. - Subdivision 1. Confidentiality of commissioner's hearings. The commissioner shall hold...
Section 60B.15 — Grounds For Rehabilitation. - The commissioner may apply by verified petition to the District...
Section 60B.16 — Rehabilitation Orders. - Subdivision 1. Appointment of rehabilitator. An order to rehabilitate the...
Section 60B.17 — Powers And Duties Of Rehabilitator. - Subdivision 1. Special deputy commissioner. The commissioner as rehabilitator shall...
Section 60B.171 — Use, Sale, Or Transfer Of Assets During Rehabilitation. - Subdivision 1. Rehabilitator authority to use, sell, or transfer assets....
Section 60B.18 — Actions By And Against Rehabilitator. - Subdivision 1. Stays in pending litigation. On request of the...
Section 60B.181 — Notice Regarding Rehabilitation Or Liquidation Proceeding. - In an insolvency proceeding against a health maintenance organization, at...
Section 60B.19 — Termination Of Rehabilitation. - Subdivision 1. Transformation to liquidation. Whenever the rehabilitator believes that...
Section 60B.191 — Claims Regarding Rehabilitation And Liquidation Of Health Maintenance Organizations. - Subdivision 1. Priority of claims. The rehabilitator or liquidator of...
Section 60B.193 — Liability Of Enrollees. - Upon any Minnesota state district court's order of rehabilitation or...
Section 60B.20 — Grounds For Liquidation. - The commissioner may apply by verified petition to the District...
Section 60B.21 — Liquidation Orders. - Subdivision 1. Order to liquidate. An order to liquidate the...
Section 60B.22 — Continuance Of Coverage. - Subdivision 1. Length of continued coverage. All insurance policies or...
Section 60B.23 — Dissolution Of Insurer. - The commissioner may petition for an order dissolving the corporate...
Section 60B.25 — Powers Of Liquidator. - The liquidator shall report to the court monthly, or at...
Section 60B.26 — Notice To Creditors And Others. - Subdivision 1. Notice required. (a) The liquidator shall give notice...
Section 60B.28 — Actions By And Against Liquidator. - Subdivision 1. Termination of actions against insurer by order appointing...
Section 60B.29 — Collection And List Of Assets. - Subdivision 1. List of assets required. As soon as practicable...
Section 60B.30 — Fraudulent Transfers Prior To Petition. - Subdivision 1. Definition and effect. Every transfer made or suffered...
Section 60B.31 — Fraudulent Transfers After Petition. - Subdivision 1. Effect of petition; real property. After a petition...
Section 60B.32 — Voidable Preferences And Liens. - Subdivision 1. Preferences. (a) A preference is a transfer of...
Section 60B.33 — Claims Of Holders Of Void Or Voidable Rights. - Subdivision 1. Disallowance for failure to surrender property. No claims...
Section 60B.335 — Federal Home Loan Bank Rights; Collateral Pledged By Insurer-members. - Subdivision 1. Definitions. (a) For purposes of this section, the...
Section 60B.34 — Setoffs And Counterclaims. - Subdivision 1. Setoffs allowed in general. Mutual debts or mutual...
Section 60B.35 — Assessments. - Subdivision 1. Report to court. As soon as practicable but...
Section 60B.365 — Reinsurer's Liability. - Subdivision 1. Generally. The amount recoverable by the liquidator from...
Section 60B.37 — Filing Of Claims. - Subdivision 1. Deadline for filing. Proof of all claims must...
Section 60B.38 — Proof Of Claim. - Subdivision 1. Contents of proof of claim. (a) Proof of...
Section 60B.39 — Special Claims. - Subdivision 1. Claims contingent on judgments. The claim of a...
Section 60B.40 — Special Provisions For Third-party Claims. - Subdivision 1. Third-party's claim. Whenever any third party asserts a...
Section 60B.41 — Disputed Claims. - Subdivision 1. Notice of rejection and request for hearing. When...
Section 60B.42 — Claims Of Surety. - Whenever a creditor whose claim against an insurer is secured...
Section 60B.43 — Secured Creditors' Claims. - Subdivision 1. Determining value of security. The value of any...
Section 60B.435 — Qualified Financial Contracts. - Subdivision 1. Exercise of contractual rights. Notwithstanding any other provision...
Section 60B.44 — Order Of Distribution. - Subdivision 1. Deductible provision. The distribution of claims from the...
Section 60B.45 — Liquidator's Recommendations To The Court. - Subdivision 1. Recommended claims. The liquidator shall review all claims...
Section 60B.46 — Distribution Of Assets. - Subdivision 1. Payments to creditors. Under the direction of the...
Section 60B.47 — Unclaimed And Withheld Funds. - Subdivision 1. Unclaimed funds. All unclaimed funds subject to distribution...
Section 60B.48 — Termination Of Proceedings. - Subdivision 1. Liquidator's application. When all assets justifying the expense...
Section 60B.49 — Reopening Liquidation. - After the liquidation proceeding has been terminated and the liquidator...
Section 60B.50 — Disposition Of Records During And After Termination Of Liquidation. - Whenever it appears to the commissioner that the records of...
Section 60B.51 — External Audit Of Receiver's Books. - The court in which the proceeding is pending may, as...
Section 60B.52 — Conservation Of Property Of Foreign Or Alien Insurers Found In This State. - Subdivision 1. Grounds for petition. If a domiciliary liquidator has...
Section 60B.53 — Liquidation Of Property Of Foreign Or Alien Insurers Found In This State. - Subdivision 1. Grounds for petition. If no domiciliary receiver has...
Section 60B.54 — Foreign Domiciliary Receivers In Other States. - Subdivision 1. Property rights and title; reciprocal state. The domiciliary...
Section 60B.55 — Ancillary Formal Proceedings. - Subdivision 1. Appointment of ancillary receiver in this state. If...
Section 60B.56 — Ancillary Summary Proceedings. - The commissioner has the sole discretionary authority to institute proceedings...
Section 60B.57 — Claims Of Nonresidents Against Insurers Domiciled In This State. - Subdivision 1. Filing claims. In a liquidation proceeding begun in...
Section 60B.58 — Claims Of Residents Against Insurers Domiciled In Reciprocal States. - Subdivision 1. Filing claims. In a liquidation proceeding in a...
Section 60B.59 — Attachment, Garnishment And Levy Of Execution. - During the pendency in this or any other state of...
Section 60B.60 — Interstate Priorities. - Subdivision 1. Priorities. In a liquidation proceeding in this state...
Section 60B.61 — Subordination Of Claims For Noncooperation. - If an ancillary receiver in another state or foreign country,...