Minnesota Statutes
Chapter 66A — Mutual Companies
Section 66A.23 — Assessments; Notice; Payments; Collection.

When any assessment has been completed the secretary shall immediately notify each member by mail directed to the member's last known address of the purpose and amount of such assessment and of the member's share thereof, and the person to whom and the time when such payment must be made, which shall not be less than 30, nor more than 90, days thereafter; and such person, if the bylaws so provide, may collect a commission of not more than two percent of each amount in addition thereto.
1967 c 395 art 7 s 23; 1986 c 444

Structure Minnesota Statutes

Minnesota Statutes

Chapters 59A - 79A — Insurance

Chapter 66A — Mutual Companies

Section 66A.01 — Scope Of Chapter.

Section 66A.02 — Applicability Of Business Corporation Statutes.

Section 66A.03 — Incorporation.

Section 66A.06 — Renewal Of Corporate Existence.

Section 66A.07 — Membership; Meetings; Notices; Voting.

Section 66A.08 — Requirements.

Section 66A.09 — Kinds Of Business Authorized.

Section 66A.10 — Additional Requirements.

Section 66A.11 — Revocation Of License.

Section 66A.12 — Mutual Fire Companies; Premiums; Contingent Liability.

Section 66A.13 — Mutual Fire Companies; Requirements When Note Given.

Section 66A.14 — Dividends.

Section 66A.15 — Assessments.

Section 66A.16 — Guaranty Funds.

Section 66A.17 — Mutual Fire Insurance Companies; Provisions As To Policies Lapsing.

Section 66A.18 — Voting And Notice.

Section 66A.19 — Contingent Liability.

Section 66A.21 — Domestic Mutual Insurance Companies, Separation Of Assessable And Nonassessable Businesses.

Section 66A.215 — Special Provisions Relating To Hail, Tornado, And Cyclone Companies.

Section 66A.221 — Organization.

Section 66A.23 — Assessments; Notice; Payments; Collection.

Section 66A.24 — Officers; Duties; Compensation; Bonds.

Section 66A.25 — Proxies; Restrictions.

Section 66A.26 — Property Insurable.

Section 66A.27 — Limitation On Expenses.

Section 66A.28 — Reports; Delinquency; Powers Of Commissioner.

Section 66A.29 — Arbitration Required.

Section 66A.30 — Transfer Of Risks And Reinsurance.

Section 66A.31 — Merger And Consolidation.

Section 66A.311 — Exemption; Fire, Hail, And Tornado Associations Maintained By Members Of One Religious Denomination.

Section 66A.32 — Prerequisites Of Life Companies.

Section 66A.33 — Temporary Capital Stock Of Mutual Life Companies.

Section 66A.34 — Dividends.

Section 66A.35 — Guaranty Funds.

Section 66A.36 — Stock And Mutual Life Insurance Companies.

Section 66A.37 — Application.

Section 66A.38 — Voting Rights.

Section 66A.39 — Conversion Of Existing Companies; Amendment Of Certificates Of Incorporation.

Section 66A.40 — Mutual Insurance Holding Companies.

Section 66A.41 — Mutual Company Conversion To Stock Company.

Section 66A.42 — Domestic Insurance Corporations May Become Mutual Corporations.

Section 66A.43 — May Acquire Capital Stock.