49.18 REVIEW OF ORDERS OF COMMISSIONER.
The order is a conclusive determination that the necessity for the levying of the assessment
exists; provided, that the corporation, or any stockholder or creditor thereof, may secure a review
of the commissioner's order by serving a notice requesting review upon the commissioner
within 20 days after the service of the order upon the aggrieved party. This notice, with proof
of service, shall be filed within ten days after service with the court administrator of the district
court in the county where the corporation has its principal place of business. The district court
then has jurisdiction to consider the necessity of levying the assessment. It shall hear and
determine the matter de novo in or out of term at any place in the district. This hearing shall take
precedence of all other matters and may be held upon ten days' written notice by either party.
The judge shall make such order in the premises as is proper, and may affirm, vacate, or modify
the commissioner's order. An appeal may be taken therefrom as in other civil cases. During the
pendency of the appeal the commissioner of commerce shall remain in charge of the business,
property, and assets of the corporation involved.
History: (7699-21) 1927 c 254 s 2; 1983 c 247 s 26; 1983 c 289 s 114 subd 1; 1984 c 655
art 1 s 92; 1Sp1986 c 3 art 1 s 82