State Codes and Statutes

Statutes > Minnesota > 59A-79A > 60A > 60A_976

60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.

An annuity purchased to finance a structured settlement agreement may be purchased only from an annuity issuer with a financial rating equivalent to A.M. Best Company A+ Class 8 or better; or a Standard & Poor's AA or better.

History:

2001 c 131 s 5

State Codes and Statutes

Statutes > Minnesota > 59A-79A > 60A > 60A_976

60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.

An annuity purchased to finance a structured settlement agreement may be purchased only from an annuity issuer with a financial rating equivalent to A.M. Best Company A+ Class 8 or better; or a Standard & Poor's AA or better.

History:

2001 c 131 s 5


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 59A-79A > 60A > 60A_976

60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.

An annuity purchased to finance a structured settlement agreement may be purchased only from an annuity issuer with a financial rating equivalent to A.M. Best Company A+ Class 8 or better; or a Standard & Poor's AA or better.

History:

2001 c 131 s 5