Before selling any coverage or enrollment in a community integrated service network, a person selling the coverage or enrollment shall disclose in writing to the prospective purchaser the amount of any commission or other compensation the person will receive as a direct result of the sale. The disclosure may be expressed in dollars or as a percentage of the premium. The amount disclosed need not include any anticipated renewal commissions.
1993 c 345 art 1 s 18; 1994 c 625 art 8 s 38; 1997 c 225 art 2 s 32
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 62N — Community Integrated Service Network
Section 62N.01 — Citation And Purpose.
Section 62N.22 — Disclosure Of Commissions.
Section 62N.23 — Technical Assistance; Loans.
Section 62N.25 — Community Integrated Service Networks.
Section 62N.26 — Shared Services Cooperative.
Section 62N.28 — Net Worth Requirement.
Section 62N.29 — Guaranteeing Organization.
Section 62N.31 — Standards For Accredited Capitated Provider Accreditation.
Section 62N.32 — Deposit Requirement.
Section 62N.33 — Coverage For Enrollees Of Insolvent Networks.