Section 345.55 — Penalties.
345.55 PENALTIES. Subdivision 1. Misdemeanor. Any person who willfully fails to render any report or perform other duties required under sections 345.31 to 345.60, shall be guilty of a misdemeanor. Subd. 2. Gross misdemeanor. Any person who willfully refuses to pay or deliver abandoned property to the commissioner as required under sections 345.31 to 345.60 […]
Section 345.56 — Rules.
345.56 RULES. The commissioner is hereby authorized to make necessary rules to carry out the provisions of sections 345.31 to 345.60. History: 1969 c 725 s 26; 1983 c 301 s 234; 1985 c 248 s 70
Section 345.57 — Effect Of Laws Of Other States.
345.57 EFFECT OF LAWS OF OTHER STATES. Sections 345.31 to 345.60 shall not apply to any property that has been presumed abandoned or escheated under the laws of another state prior to July 1, 1969. History: 1969 c 725 s 27
Section 345.58 — Cutoff Date.
345.58 CUTOFF DATE. Except as to property required to be reported pursuant to Minnesota Statutes 1967, sections 48.521 to 48.528, sections 345.31 to 345.60 shall not apply to property otherwise subject to sections 345.31 to 345.60 which became due or payable or which was in the possession of the holder before January 1, 1944. History: […]
Section 345.46 — Period Of Limitation.
345.46 PERIOD OF LIMITATION. (a) The expiration of a period of limitation on the owner’s right to receive or recover property, whether specified by contract, statute, or court order, does not preclude the property from being presumed abandoned or affect a duty to file a report or to pay or deliver or transfer property to […]
Section 345.47 — Sale Of Abandoned Property.
345.47 SALE OF ABANDONED PROPERTY. Subdivision 1. Public sale. Except as provided in subdivisions 3 and 5, all abandoned property other than money delivered to the commissioner under sections 345.31 to 345.60 shall be sold by the commissioner to the highest bidder at public sale in whatever city in the state the commissioner judges to […]
Section 345.48 — Deposit Of Funds.
345.48 DEPOSIT OF FUNDS. Subdivision 1. Commissioner’s duties. All funds received under sections 345.31 to 345.60, including the proceeds from the sale of abandoned property pursuant to section 345.47, shall forthwith be deposited by the commissioner in the general fund of the state after deduction of the fees and expenses provided for in section 345.485; […]
Section 345.485 — Recovery Of Property By Others.
345.485 RECOVERY OF PROPERTY BY OTHERS. The commissioner may request that the attorney general of another state or another person or entity in the other state make a demand or bring an action to recover unclaimed property in the name of the commissioner in the other state. The commissioner may request that another person or […]
Section 345.49 — Claim For Abandoned Property Paid Or Delivered.
345.49 CLAIM FOR ABANDONED PROPERTY PAID OR DELIVERED. Subdivision 1. Filing. (a) Any person claiming an interest in any property delivered to the state under sections 345.31 to 345.60 may file a claim thereto or to the proceeds from the sale thereof on the form prescribed by the commissioner. (b) Any person claiming an interest […]
Section 345.50 — Determination Of Claims.
345.50 DETERMINATION OF CLAIMS. Subdivision 1. Commissioner’s duties. The commissioner shall consider any claim filed under sections 345.31 to 345.60 and may hold a hearing and receive evidence concerning it. If a hearing is held, the commissioner shall prepare a finding and a decision in writing on each claim filed, stating the substance of any […]