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     316.04 Appeal, effect.  


    An appeal from an order or judgment removing an officer or 
 trustee, under section 316.03, shall not operate to stay its 
 effect or any proceeding under it; but the term of office of any 
 officer, director, or trustee elected thereunder to fill a 
 vacancy, or of any receiver appointed, shall be terminated by a 
 reversal or vacation of such order of judgment.  


    HIST: (8012) RL s 3172

Official Publication of the State of Minnesota
Revisor of Statutes