2004 Minnesota Statutes

     345.55 Penalties. 

    Subdivision 1.    Misdemeanor.  Any person who willfully fails 
 to render 
 any report or perform other duties required under sections 
 345.31 to 345.60, shall be guilty of a misdemeanor. 

    Subd. 2.    Gross misdemeanor.  Any person who willfully refuses 
 to pay or 
 deliver abandoned property to the commissioner as required under 
 sections 345.31 to 345.60 shall be guilty of a gross misdemeanor.

    Subd. 3.    Interest assessment after demand.  In addition to 
 any damages, penalties, or fines 
 for which a person may be liable under other provisions of law, 
 any person who fails to pay or deliver unclaimed property within 
 the time prescribed by this chapter after written demand 
 therefor by the commissioner made after March 29, 1978, shall 
 pay to the commissioner interest at the rate of 12 percent per 
 annum on the property or value thereof from the date of the 
 written demand. 

    HIST: 1969 c 725 s 25; 1978 c 664 s 3; 1983 c 301 s 234