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2014 Minnesota Statutes 72B.135 Public Adjusters.
Subdivision 1. lnsured's right to cancel. An insured who has entered into a contract with a public adjuster involving the business for which the person was licensed, has the right to cancel the contract within 72 hours after the contract has been signed. Cancellation is evidenced by the insured giving written notice of cancellation to the public adjuster at the address stated in the contract. Notice of cancellation, if given by mail, is effective upon deposit in the mailbox, properly addressed to the public adjuster and postage prepaid. Notice of cancellation need not take a particular form and is sufficient if it indicates, by any form of written expression, the intention of the insured not to be bound by the contract.
Subdivision 2. writing required: notice of right to cancel; notice of cancellation. Before entering a contract referred to in subdivision 1, the public adjuster must;
(1) furnish the insured with a statement in boldface type of a minimum size of ten points, in substantially the following form:
"You, the insured, may cancel this contract at any time within 72 hours after the contract has been signed between the insured and the public adjuster. See attached notice of cancellation form for explanation of this right."; and
(2) furnish each insured, a fully completed form in duplicate, captioned, "NOTICE OF CANCELLATION," which shall be attached to the contract and easily detachable, and which shall contain in boldface type of a minimum size of ten points the following information and statements:
NOTICE OF CANCELLATION
lf you do not want to go forward with the contract with the public adjuster, you may cancel the contract by mailing or
delivering a signed and dated copy of this cancellation notice or any other written notice to (Twin city public Adjusting, LLC), at (Po Box 123, clearwater, MN 55320),
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Subdivision 1
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