Minnesota
For Minnesota, obligation is pay accepted claim; deadline is within five business days; day type is business days; clock starts from is receipt of the agreement by the insurer or from the date of the performance by the claimant of any conditions set by such agreement, whichever is later; citation is 72A.201, recorded from its source on 2026-08-11.
- State
- Minnesota our reading
- Obligation
- pay accepted claim our reading
- Deadline
- within five business days verified
- Day type
- business days verified
- Clock starts from
- receipt of the agreement by the insurer or from the date of the performance by the claimant of any conditions set by such agreement, whichever is later verified
- Citation
- 72A.201
- Instrument
- statute our reading
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
failing to issue payment for any amount finally agreed upon in settlement of all or part of any claim within five business days from the receipt of the agreement by the insurer or from the date of the performance by the claimant of any conditions set by such agreement, whichever is later
— revisor.mn.gov, retrieved 2026-08-11
Source
- revisor.mn.govhttps://www.revisor.mn.gov/statutes/cite/72A.201