2005 Minnesota Statutes - 577.09 — Payment of dividends; list of creditors.

     577.09 Payment of dividends; list of creditors.  


    At least 20 days before paying any dividend or distributing 
 any of the trust estate, the assignee shall file with such court 
 administrator a verified statement containing a list of all the 
 creditors who have presented proofs of claim, as hereinbefore 
 provided, and showing the nature and amount of each such claim; 
 and, when any creditor thereafter shall present proof of claim 
 to the assignee, the assignee shall file a similar statement 
 thereof, and pay nothing thereon until the expiration of 20 days 
 thereafter.  


    HIST: (9790) RL s 4619; 1986 c 444; 1Sp1986 c 3 art 1 s 82