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Chapter 317A
Section 317A.771
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This is an historical version of this statute chapter. Also view the most recent published version.
317A.771 DEPOSIT WITH COMMISSIONER OF FINANCE 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 commissioner of finance. The
amount deposited is appropriated to the commissioner of finance and must be paid over to the
person, upon proof satisfactory to the commissioner of finance of a right to payment.
History: 1989 c 304 s 112; 2003 c 112 art 2 s 50
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 commissioner of finance. The
amount deposited is appropriated to the commissioner of finance and must be paid over to the
person, upon proof satisfactory to the commissioner of finance of a right to payment.
History: 1989 c 304 s 112; 2003 c 112 art 2 s 50
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Revisor of Statutes