2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 332 Collection, Credit Services, Debt Prorating
Section 332.395 COMMISSIONER'S POWER OVER INEFFECTIVE LICENSES AND REGISTRATIONS.
332.395 COMMISSIONER'S POWER OVER INEFFECTIVE LICENSES AND
REGISTRATIONS.
If a license or registration lapses, is surrendered, withdrawn, terminated, or otherwise
becomes ineffective, the commissioner of commerce may do either or both of the following: (1)
institute a proceeding under section
45.027 within two years after the license or registration
was last effective and enter a revocation or suspension order as of the last date on which the
license or registration was in effect; (2) impose a civil penalty as provided for in section
45.027,
subdivision 6
.
History: 1996 c 439 art 1 s 17; 2004 c 208 s 5
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