Section 79A.27 — Indemnity Agreement Form.
79A.27 INDEMNITY AGREEMENT FORM. INDIVIDUAL AND PROPORTIONATE INDEMNITY AGREEMENT WHEREAS, (name of company) has agreed to be and has been accepted as a member of (name of commercial self-insurance group). WHEREAS, (name of company) has agreed to be bound by all of the provisions of the Minnesota Workers’ Compensation Act and all rules promulgated thereunder. […]
Section 79A.28 — Open Meeting; Administrative Procedure Act.
79A.28 OPEN MEETING; ADMINISTRATIVE PROCEDURE ACT. The commercial self-insurance group security fund and its board of trustees shall not be subject to: (1) the Open Meeting Law, chapter 13D; (2) the Open Appointments Law; (3) the Minnesota Government Data Practices Act, chapter 13; and (4) except where specifically set forth, the Administrative Procedure Act. History: […]
Section 79A.13 — Audit; Annual Report.
79A.13 AUDIT; ANNUAL REPORT. The trustees shall annually contract for an independent certified audit of the financial activities of the fund. An annual report on the financial status of the fund as of June 30 shall be submitted to the commissioner and to each member. The security fund shall be established on July 1, 1988, […]
Section 79A.14 — Letter Of Credit Form.
79A.14 LETTER OF CREDIT FORM. The form for the letter of credit under this chapter shall be: Effective Date State of Minnesota (Beneficiary) (Address) Dear Sirs: By order of ………………..(Self-Insurer) we are instructed to open a clean irrevocable Letter of Credit in your favor for United States $……………..(Amount). We undertake that drawings under this Letter […]
Section 79A.15 — Surety Bond Form.
79A.15 SURETY BOND FORM. The form for the surety bond under this chapter shall be: STATE OF MINNESOTA DEPARTMENT OF COMMERCE SURETY BOND OF SELF-INSURER OF WORKERS’ COMPENSATION IN THE MATTER OF THE CERTIFICATE OF ) ) ) SURETY BOND ) NO. . ) PREMIUM: . ) Employer, Certificate No: . ) KNOW ALL PERSONS […]
Section 79A.16 — Open Meeting; Administrative Procedure Act.
79A.16 OPEN MEETING; ADMINISTRATIVE PROCEDURE ACT. The security fund and its board of trustees shall not be subject to (1) the Open Meeting Law, chapter 13D, (2) the Open Appointments Law, (3) the Minnesota Government Data Practices Act, chapter 13, and (4) except where specifically set forth, the Administrative Procedure Act. The Self-Insurers’ Advisory Committee […]
Section 79A.17 — Rules.
79A.17 RULES. The commissioner may adopt, amend, and repeal rules reasonably necessary to carry out the purposes of sections 79A.01 to 79A.17. This authorization includes, but is not limited to, the adoption of rules to do all of the following: (1) except as otherwise specifically provided by statute, specifying what constitutes ability to self-insure and […]
Section 79A.18 — Existing Rules.
79A.18 EXISTING RULES. If there is any inconsistency among any rule or statute and Laws 1988, chapter 674, Laws 1988, chapter 674, shall govern. History: 1988 c 674 s 21
Section 79A.19 — Commercial Self-insurance Groups; Definitions.
79A.19 COMMERCIAL SELF-INSURANCE GROUPS; DEFINITIONS. Subdivision 1. Scope. For the purposes of sections 79A.19 to 79A.32, the terms defined in this section have the meanings given them. If there is any inconsistency between this section and section 79A.01, the provisions of this section shall govern. Subd. 2. Accountant. “Accountant” means a certified public accountant who […]
Section 79A.20 — Eligibility Requirements For Commercial Self-insurance Groups.
79A.20 ELIGIBILITY REQUIREMENTS FOR COMMERCIAL SELF-INSURANCE GROUPS. Subdivision 1. Group eligibility. A commercial self-insurance group consists of two or more employers in similar industries. The commercial self-insurance group shall not incorporate or form a business trust pursuant to chapter 318. Subd. 2. Membership eligibility. A commercial self-insurance group may only admit employers who meet the […]