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221.141

Statute ID: 11930

Motor Carriers - Insurance or Bond

In Effect

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Details are only available for Penalty and Charging Statutes.

Statute Number:

221.141

Enactment Date:

Jan 1, 1859

Effective Date:

Aug 1, 2007

Expiration Date:

Repealed?:

Summary Text:

Motor Carriers - Insurance or Bond

Statute ID:

11930

Created:

Jan 2, 2008 by mnjis.legal.analyst@state.mn.us

Updated:

Jan 2, 2008 by mnjis.legal.analyst@state.mn.us

Last Update Action:

Added

Legal Analyst Comment:

2008 Payables Update - Trucks and Common Carriers

Summary Text:

Motor Carriers - Insurance or Bond

Link to MN Statute Text:

https://www.revisor.leg.state.mn.us/stats/221/141.html

Legislative Session:

2007 - Regular

Session Law Text?:

Statute text last updated on:

Jan 2, 2008

Subd. 1c.   
An interstate carrier must obtain insurance or bond in the minimum amounts prescribed in Code of Federal Regulations, title 49, section 387.303, paragraphs (a) and (b).

Subd. 1d.   
A motor carrier that transports property described under (2) and (3) of the schedule of limits in Code of Federal Regulations, title 49, section 387.9, must obtain insurance or bond in the amounts prescribed in those regulations.


Subdivision 1.  
(a) No motor carrier and no interstate carrier shall operate a vehicle until it has obtained and has in effect the minimum amount of financial responsibility required by this section. Policies of insurance, surety bonds, other types of security, and endorsements must be continuously in effect and must remain in effect until canceled. Before providing transportation, the motor carrier or interstate carrier shall secure and 
cause to be filed with the commissioner and maintain in full effect, a certificate of insurance in a form required by the commissioner, evidencing public liability insurance in the amount prescribed. The insurance must cover injuries and damage to persons or property resulting from the operation or use of motor vehicles, regardless of whether each vehicle is specifically described in the policy. This insurance does not apply to injuries or death to the employees of the motor carrier or to property being transported by the carrier.
(b) Notwithstanding any other provision of this chapter, the insurance required of a motor carrier of passengers must be at least that amount required of interstate carriers under Code of Federal Regulations, title 49, section 387.33, as amended. 
(c) This section does not apply to a charitable organization exempt from taxation under section 501(c)(3) of the Internal Revenue Code when the transportation furthers the charitable organization's charitable mission. The charitable organization must comply with the insurance requirements of section 65B.48.