All Trade Practices Legislation - Minnesota

Modifying cable communications regulations; requiring cable communications system providers to make efforts to interconnect systems with state authorized video service provider systems; prohibiting cable communications systems logos or marketing materials placement appearing to favor certain cable communications, regulating advertising; prohibiting cable communications systems program content or public programs access limitations, clarifying liability; requiring persons seeking to provide video service to apply and register with the public utilities commission (PUC) after a certain date, providing for certificate issuance, application fee, service area, final determination and termination; requiring public access capacity equal to public, educational and governmental (PEG) access channels as provided by existing cable communications system providers, specifying content format and PEG fees; requiring provider fees, specifying [...]

show full description

1E Relating to business organizations ARTICLE 1 - TECHNICAL AMENDMENTS TO THE BUSINESS CORPORATIONS ACT Modifying certain definitions, allowing statutory provisions modifications in shareholder control agreements and clarifying scope of shareholder control agreements, clarifying board meeting presence in person, permitting articles of a domestic corporation of a non publicly held corporation to confer certain voting powers on directors and requiring shareholder approval, modifying proxy termination procedure, clarifying special legal counsel requirements and dissolution methods, allowing directors to authorize and commence dissolutions ARTICLE 2 - TECHNICAL AMENDMENTS TO THE LIMITED LIABILITY COMPANY ACT AND THE UNIFORM LIMITED PARTNERSHIP ACT OF 2001 Clarifying application to existing relationships, modifying the definition of notice for limited liability companies, clarifying a member requirement,[...]

show full description

Relating to insurance, enacting and modifying the viatical settlement model act of the national association of insurance commissions; regulating viatical (life insurance) settlements; defining stranger originated life insurance (STOLI); requiring a provider or broker license; requiring agent licensing; providing for life insurance providers to meet licensing requirements under certain conditions; specifying application to commerce commissioner for agent licensing; specifying disclosure requirements; providing for commissioner investigation provisions; permitting legal entity licensing; requiring consent to service of process; specifying a duty to supplement information and requiring training; providing for license revocation and denial; providing for approval of viatical settlement contracts and disclosure statements; specifying reporting requirements and privacy provisions; providing for examinations and investigations;[...]

show full description

Providing for the collection and recycling or reuse of video display devices; defining certain terms; establishing a registration program under the pollution control agency (PCA) and specifying certain manufacturer labeling and registration requirements for the sale of new household video display devices, specifying collector and recycler registration requirements, requiring PCA web site information maintenance; establishing the electronic waste account in the environmental fund, requiring annual manufacturer registration fee payment to the department of revenue, requiring manufacturer annual reporting and recycling, specifying recycler and retailer responsibilities; specifying PCA and department of revenue duties and state agencies purchasing requirements; prohibiting local government units and public agencies from requiring household to use public facilities to the exclusion of other lawful available programs to recycle [...]

show full description

"Life Settlements Act"; relating to insurance; regulating life settlements, providing enforcement and prescribing penalties and civil remedies; defining certain terms including stranger originated life insurance (STOLI); specifying certain provider or broker licensure qualification and application requirements, exceptions; authorizing the commissioner of commerce to suspend, revoke or refuse to renew a license under certain conditions; regulating life settlement contracts; specifying certain provider reporting requirements for policies settled during a certain period of time, providing for nondisclosure of identity, exceptions; authorizing the commissioner to examine the business and affairs of any licensee or application for a license; regulating advertising by a broker or provider; specifying certain disclosure requirements; specifying certain general rules for life settlement contracts; authorizing the commissioner [...]

show full description

4E Providing for the collection and recycling or reuse of video display devices; providing for commissioner of revenue data collected under the video display device recycling program and registration fees, authorizing certain disclosures; defining certain terms; establishing a registration program under the pollution control agency (PCA) and specifying certain manufacturer labeling and registration requirements for the sale of new household video display devices, specifying collector and recycler registration requirements, requiring PCA web site information maintenance; establishing the electronic waste account in the environmental fund, requiring annual manufacturer registration fee payment to the department of revenue, appropriating money annually until a certain date from the account to the PCA for administration purposes and for distribution of competitive grants to counties and private entities outside the metropolitan

show full description

Modifying the Minnesota securities act; changing the name from uniform securities act of 2002 to the Minnesota securities act; regulating registration, filings, and fees; defining accredited investor; modifying exempt transactions by requiring issuers selling to purchasers to provide certain transaction notice and fee to administrators by a certain time in advance of sales, permitting issuers to make sales to certain numbers of purchasers, requiring persons distributing issuer securities to provide notice by filing a written description of the transaction and by requiring persons establishing employee benefits plans to provide notice of transaction by filing a written description of the transaction with a consent of service of process; modifying small corporate registration statement requirements; exempting accredited investors from broker dealer, investment adviser and federal covered investment adviser notice registration [...]

show full description

3E Relating to public safety; requiring the superintendent of the bureau of criminal apprehension (BCA) to develop certain educational materials relating to the laws governing scrap metal dealers, requiring the gathering of certain advice while developing educational materials and providing for material distribution; expanding record keeping requirements of scrap metal dealers purchases; defining certain terms; prohibiting scrap metal dealers from disclosing personal information relating to customers without consent, exception for law enforcement requests; eliminating the requirement to provide county sheriffs with copy of record; requiring scrap metal dealers to pay for purchases by check or electronic transfer and to register with the commissioner of public safety; requiring the review of educational materials by dealer and employees; providing penalties for noncompliance; providing an exemption for aluminum can purchases;[...]

show full description

2E Regulating the business of credit counseling and debt management services; clarifying debt management services providers under commissioner of commerce regulatory authority; defining certain terms; requiring debt management service providers to be registered after a certain date, requiring current licensed debt proraters to renew licenses as debt management service providers, allowing continuance for certain unlicensed debt proraters; requiring registration application to the commissioner of commerce in writing, providing for term and scope of registration, fees, surety bond, condition of bond, right of action on bond and a registrant list; requiring commissioner consent for registration transfers and assignments; requiring annual registration renewal and prescribing registrant duties; specifying registration denial conditions; authorizing the commissioner to suspend, revoke or refuse to renew registrations under certain

show full description

2E Relating to construction professions; modifying provisions relating to electrical, plumbing, water conditioning, boiler, residential contractor and remodeler and high-pressure piping professions; modifying manufactured home provisions; making clarifying and technical modifications to department of administration administrative procedure act, construction professions, employments licensed by the state and state fire code; allowing licensed elevator constructors to install, maintain and repair elevator electrical wiring and apparatus; allowing licensed lineman to install, maintain and repair transmission and distribution systems; allowing licensed maintenance electricians to maintain and repair electrical wiring and apparatus; allowing licensed master elevator constructors to supervise and work on elevators and specifying requirements; modifying certain inspection requirements; modifying plumber licensing requirements [...]

show full description

2E Relating to commerce; regulating motor vehicle retail installment fees, insurance fees, coverages, contracts, filings and forms; regulating financial planners, real estate appraisers, limited broker licenses, domestic mutual insurance companies, joint underwriting associations, service contracts and collection agencies; making technical and clarifying changes; increasing documentary or documentary administration fees for motor vehicle retail installment sales; defining motor vehicle manufacturer and regulating motor vehicle service contracts issued by motor vehicle manufacturers covering private passenger automobiles; changing service contract to include towing, rental and road service and hazard protections; specifying initial reinsurance intermediary license duration requirements; modifying duties of insurers using agents or brokers in a life insurance or annuity sale; clarifying changes for accident and health [...]

show full description

Relating to commerce ARTICLE 1 - OUTDOOR SPORT EQUIPMENT FRANCHISES Regulating franchise agreements between outdoor sport equipment dealers and manufacturers; defining certain terms; requiring good cause by manufacturer to terminate, cancel, fail to renew or substantially change the competitive circumstances of a dealership agreement; specifying notice and obligation to repurchase requirements, providing for payment of repair parts; specifying payment and interest requirements, providing for dealer notice of intent to return and manufacturer inspection of the equipment and specifying certain payment or credit requirements; providing for manufacturer repurchase of the equipment upon the death of the dealer; specifying certain manufacturer violations and regulating warranty claims; voiding inconsistent agreements; providing for certain remedies and for applicability of the provisions ARTICLE [...]

show full description