A community network must satisfy the deposit requirement provided in section 62D.041. The deposit counts as an admitted asset and as part of the required net worth. The deposit requirement cannot be reduced by the alternative means that may be used to reduce the net worth requirement, other than through the use of a guaranteeing organization.
1994 c 625 art 1 s 12
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.