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Senate Counsel, Research
and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 26 - Self-Storage Insurance (as proposed to be amended by the A-2 Delete-Everything Amendment)
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Author:
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Senator Vicki Jensen
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Prepared By:
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Date:
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March 10, 2015
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Section 1, subdivision 1 provides definitions for purposes of the bill.
Section 2 exempts an owner and employees of a self-service storage facility from insurance agent licensing requirements with respect to the sale of personal property insurance covering property stored at that facility. Disclosure requirements are specified. An owner is required to provide a training program that gives employees and agents basic instruction about the provisions of the act. An owner is allowed to receive a commission on the sale of this insurance.
CBS/tg
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
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Last review or update: 03/10/2015
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