2004 Minnesota Code
Chapters 46 - 59 Banking
Chapter 49 Liquidation, Reorganization, Consolidation
Section 49.20 Remedy exclusive.

49.20 Remedy exclusive.

The provisions of sections 49.17 to 49.19 shall not be cumulative but shall be the exclusive procedure for the levying of assessments upon and against stockholders of banks or trust companies in charge of the commissioner of commerce and in process of liquidation by the commissioner.

HIST: (7699-23) 1927 c 254 s 4; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1986 c 444

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