2007 Minnesota Statutes

17A.06 CLAIMS AGAINST BONDS.
    Subdivision 1. Filing of claims. Any person claiming to be damaged by any breach of the
conditions of a bond given by a licensee may enter complaint thereof to the commissioner, which
complaint shall be a written statement of the facts constituting the complaint, accompanied by
documentary proof of the claim against the licensee.
    Subd. 2. Hearing on claims. In case of default by the licensee, the commissioner shall have
the power to have the matter heard as a contested case pursuant to procedures outlined in chapter
14. No hearing shall be required if all affected parties to a bond claim proceeding waive their right
to a hearing and agree to accept the commissioner's determination as to the validity of the claim
and the allocation of the proceeds of the bond.
    Subd. 3. Public notice. Prior to a hearing, the commissioner shall publish a notice setting
forth the default of the licensee and requiring all claimants to file proof of claim with the
commissioner within 45 days of the date such notice is published or be barred from participating
in the proceeds of the bond. Such publication shall be made in a newspaper published in the
county in which the licensee's principal place of business is located. The commissioner shall also
fulfill any notice requirements prescribed by chapter 14 and rules of the Office of Administrative
Hearings. No claim shall be allowed unless it is filed with the commissioner within one year of
the date of the transaction. If a livestock market agency or livestock dealer has on file a Packers
and Stockyards Act bond and is registered with the Packers and Stockyards Administration, the
terms of the bond or that federal agency's regulations will control.
History: 1974 c 347 s 6; 1977 c 299 s 7; 1977 c 346 s 2,3; 1982 c 424 s 130; 1983 c 216
art 1 s 8; 1984 c 654 art 3 s 24; 1986 c 444