51A.47 CORRECTION OF WRONGDOINGS BY UNIMPAIRED INSTITUTION.
No conservator or receiver shall be appointed, or private property seized, with respect to
an association which is not in an impaired condition if the alleged wrongdoing can be otherwise
corrected as provided in sections
51A.01 to
51A.57 or otherwise as provided by law.
History: 1969 c 490 s 47; 1996 c 414 art 1 s 44; 1997 c 157 s 67; 1998 c 260 s 1