2005 Minnesota Statutes - 317A.771 — Deposit with commissioner of finance of amount due certain persons.

     317A.771 Deposit with commissioner of finance of amount 
  due certain persons. 


    Upon dissolution of a corporation, the part of the assets 
 distributable to a person who is unknown or cannot be found, or 
 who is under disability, if there is no person legally competent 
 to receive it, must be reduced to money and deposited with the 
 commissioner of finance.  The amount deposited is appropriated 
 to the commissioner of finance and must be paid over to the 
 person, upon proof satisfactory to the commissioner of finance 
 of a right to payment.  


    HIST: 1989 c 304 s 112; 2003 c 112 art 2 s 50