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Minn. Stat. § 60A.976

Annuity Issuers Financial Requirements

Minnesota · Minnesota Statutes Chapter 60A — General Insurance Powers · Status: effective

Banking, Finance & Insurance
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Minn. Stat. § 60A.976, Annuity Issuers Financial Requirements, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1696512
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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.