2006 Minnesota Statutes

58.05 EXEMPTIONS FROM LICENSE.
    Subdivision 1. Exempt person. An exempt person as defined by section 58.04, subdivision
1 , paragraph (b), and subdivision 2, paragraph (b), is exempt from the licensing requirements of
this chapter, but is subject to all other provisions of this chapter.
    Subd. 2.[Repealed, 2000 c 427 s 21]
    Subd. 3. Certificate of exemption. A person must obtain a certificate of exemption from
the commissioner to qualify as an exempt person under section 58.04, subdivision 1, paragraph
(b), as a real estate broker under clause (2), an insurance agent under clause (4), a financial
institution under clause (6), or by order of the commissioner under clause (10); or under section
58.04, subdivision 2, paragraph (b), as a financial institution under clause (4), or by order of
the commissioner under clause (8).
History: 1998 c 343 art 1 s 5; 2000 c 427 s 14