Minnesota Statutes § 66A.14 - DIVIDENDS
A mutual insurance company’s board may set dividend or refund amounts, but the payouts cannot discriminate among members of the same class, must come from net divisible surplus, and no company may advance money in anticipation of a future dividend or refund.
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- United States — Minnesota
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- en
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dividends policyholder refunds
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Minnesota Statutes § 66A.14 - DIVIDENDS
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