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S.F. No. 1934 - Township Mutual Combination Policies
 
Author: Senator Gary H. Dahms
 
Prepared By: Christopher B. Stang, Senate Counsel (651/296-0539)
 
Date: February 23, 2012



 
This bill involves combination policies, a policy issued in combination with another regulated insurer. The bill specifies that the portion of the combined policy issued by a township mutual for qualified and secondary property is exempt from insurance laws of the state, even if it covers a dwelling.
 
CBS:tg
 
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