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

1.1A bill for an act
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), sections 337.01 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.
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