Minn. Stat. § 59B.06

Current through 2024, c. 127
Section 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."

Minn. Stat. § 59B.06

1Sp2005 c 1 art 5 s 6