Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
59B.06 ADDITIONAL REQUIRED DISCLOSURE; SERVICE CONTRACTS.
Subdivision 1. Insurance disclosure. Service contracts insured under a reimbursement
insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement
in substantially the following form: "Obligations of the provider under this service contract are
insured under a service contract reimbursement insurance policy." The service contract must
also state the name and address of the insurer.
Subd. 2. Disclosure of no insurance. Service contracts not insured under a reimbursement
insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement
in substantially the following form: "Obligations of the provider under this service contract are
backed by the full faith and credit of the provider."
History: 1Sp2005 c 1 art 5 s 6
Subdivision 1. Insurance disclosure. Service contracts insured under a reimbursement
insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement
in substantially the following form: "Obligations of the provider under this service contract are
insured under a service contract reimbursement insurance policy." The service contract must
also state the name and address of the insurer.
Subd. 2. Disclosure of no insurance. Service contracts not insured under a reimbursement
insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement
in substantially the following form: "Obligations of the provider under this service contract are
backed by the full faith and credit of the provider."
History: 1Sp2005 c 1 art 5 s 6
Official Publication of the State of Minnesota
Revisor of Statutes