US Laws, Codes, Statutes & Cases

     287.13 Violations; civil penalties. 

    Subdivision 1.    Failure to pay full amount.  Any 
 person liable for the tax imposed by section 287.035 who fails 
 to pay the full amount of mortgage registry tax imposed under 
 this chapter, unless the failure is shown to be due to 
 reasonable cause, is liable for a civil penalty of $250 or 100 
 percent of the tax for each such failure, whichever is less. 

    Subd. 2.    Additional penalty.  Any person who 
 willfully attempts to evade or defeat the tax imposed under 
 sections 287.01 to 287.12, or the payment thereof, shall, in 
 addition to the penalty provided in subdivision 1, be liable for 
 a penalty of 50 percent of the total amount of the underpayment 
 of the tax. 

    Subd. 3.    Payment to mortgagee.  If a mortgagee 
 undertakes to collect from the mortgagor the amount of the tax 
 due under sections 287.01 to 287.12 as provided in section 
 287.08, paragraph (e), the mortgagor is not subject to the 
 penalties under this section and the mortgagee is subject to the 
 provisions of this section. 

    HIST: 1997 c 84 art 6 s 17; 1999 c 31 s 10; 1Sp2001 c 5 art 7 
 s 27 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.