345.53 EXAMINATION OF RECORDS.
Subdivision 1.
Commissioner's duties. The commissioner may at reasonable times and upon
reasonable notice examine the records of any person if there is reason to believe that the person
has failed to report property that should have been reported pursuant to sections
345.31 to
345.60.
Subd. 2.
Examination charges. If an examination of the records of a person results in
the disclosure of property reportable and deliverable under sections
345.31 to
345.60, the
commissioner may assess the cost of the examination against the holder at the rate of $15 per
hour per examiner, but in no case may the charges exceed the value of the property found to be
reportable and deliverable.
History: 1969 c 725 s 23; 1981 c 356 s 353; 1983 c 301 s 234; 1986 c 444