Section 60A.976 Annuity Issuers Financial Requirements
60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.
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.
History:
2001 c 131 s 5