2016 Minnesota Statutes
Chapters 46 - 59 — BANKING
Chapter 53B — MONEY TRANSMITTERS
Section 53B.26 — APPOINTMENT OF COMMISSIONER AS AGENT FOR SERVICE OF PROCESS.
Subdivision 1. Consent and appointment. Any licensee, authorized delegate, or other person who knowingly engages in business activities that are regulated under this chapter, with or without filing an application, is considered to have done both of the following:
(1) consented to the jurisdiction of the courts of this state for all actions arising under this chapter; and
(2) appointed the commissioner as the lawful agent for the purpose of accepting service of process in any action, suit, or proceeding that may arise under this chapter.
Subd. 2. Service of process. Service of process must be made in accordance with section 45.028, subdivision 2.
History: 2001 c 148 s 27
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