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317A.771 Deposit with state treasurer 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 state treasurer. The amount deposited is appropriated to the state treasurer and must be paid over to the person, upon proof satisfactory to the state treasurer of a right to payment.

HIST: 1989 c 304 s 112

Official Publication of the State of Minnesota
Revisor of Statutes