- May 04, 2020
- All Minnesota Issuing Offices
- UNDERWRITING - Suspension of Time for Court Rules, Statutes of Limitations or Other Time Periods Prescribed by Statute
On April 15, 2020, Minnesota Governor Tim Walz signed a law that suspends the running of deadlines in the district and appellate courts, including any statutes of limitations or other time periods prescribed by statute. The law is retroactively effective to March 13, 2020, and will expire 60 days after the end of the peacetime emergency declaration or February 15, 2021, whichever is earlier.
Based on this Minnesota law, do not waive or assume a lien, procedural requirement, statute of limitations or other statutory time period has expired if it has not expired before March 13, 2020. Contact a Stewart Title Guaranty Company underwriter for further approvals as needed.
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.
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THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.