2005 Minnesota Statutes

     300.28 Property of stockholders levied on, when. 

    The private property of a stockholder may not be levied on 
 for a liability specified in section 300.27, subdivision 1, 
 unless both the stockholder and the corporation are duly served 
 with process in the action and the issue involving the 
 stockholder's individual liability is raised and determined in 
 the action.  Individual property may never be levied on until 
 all corporate property which can be found has been exhausted.  

    HIST: (7466) RL s 2866; 1984 c 628 art 5 s 1