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Form 8855 Minnesota: What You Should Know
Acknowledgment by applicant. Copies. (A) a copy of a valid insurance certificate issued by a motor carrier under chapter 645, unless there is a legal lien that has not been discharged, a written letter by the applicant stating the amount and purpose of the insurance certificate, and a certified copy of the certificate issued by a state-certified insurer; or (B) a bond in a form approved for the purpose by the Commissioner of Insurance; or (C) a valid lien release from a motor carrier with respect to the automobile; or (D) a declaration of the value or cost of insurance against personal injury, bodily injury, death, or property damage for the period beginning on the day of the crash and ending not more than one year after the crash; or (E) all the above and other adequate security given by the applicant that the applicant is a bona fide purchaser of the subject automobile on the day of the crash. 8855 — MN Rules Chapter — MN Reviser's Office The Secretary of State must determine if the applicant has filed the appropriate papers to satisfy the requirements of this chapter (i.e., an insurance certificate, a bond, or a declaration of the value or cost of insurance) to the satisfaction of the Commissioner of Insurance. [S-F] 8855.0415 — FORM 8855 (Rev. December 2020) — ELECTION TO TREAT A QUALIFIED EQUITABLE as a CONVERTIBLE DEBT. Aug 26, 2025 — Section 645.0425 of the Act of 2025 requires a qualified revocable to a convertible debt interest; except that an automobile loan can be treated as a qualified revocable only if a qualified revocable has been converted to equity by the debtor.
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