Bill Text: MN SF2229 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Building and construction contracts agreements to insure prohibition
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2012-03-22 - Joint rule 2.03, referred to Rules and Administration [SF2229 Detail]
Download: Minnesota-2011-SF2229-Introduced.html
1.2relating to commerce; regulating building and construction contracts; prohibiting
1.3certain agreements to insure;amending Minnesota Statutes 2010, section 337.05,
1.4subdivision 1.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 337.05, subdivision 1, is amended to read:
1.7 Subdivision 1. Agreements valid. (a) Except as otherwise provided in paragraph
1.8(b), sections337.01 to
337.05 do not affect the validity of agreements whereby a promisor
1.9agrees to provide specific insurance coverage for the benefit of others.
1.10(b) An agreement or contract provision that requires a party to provide insurance
1.11coverage to another party or a third party for the negligence or intentional acts or omissions
1.12of another party or third party is against public policy and is void and unenforceable.
1.13EFFECTIVE DATE; APPLICATION.This section is effective the day following
1.14final enactment and applies to agreements entered into on and after that date.
1.3certain agreements to insure;amending Minnesota Statutes 2010, section 337.05,
1.4subdivision 1.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 337.05, subdivision 1, is amended to read:
1.7 Subdivision 1. Agreements valid. (a) Except as otherwise provided in paragraph
1.8(b), sections
1.9agrees to provide specific insurance coverage for the benefit of others.
1.10(b) An agreement or contract provision that requires a party to provide insurance
1.11coverage to another party or a third party for the negligence or intentional acts or omissions
1.12of another party or third party is against public policy and is void and unenforceable.
1.13EFFECTIVE DATE; APPLICATION.This section is effective the day following
1.14final enactment and applies to agreements entered into on and after that date.