Minnesota § 332.395 COMMISSIONER'S POWER OVER INEFFECTIVE LICENSES AND REGISTRATIONS

Minnesota Statutes

§ 332.395 — COMMISSIONER'S POWER OVER INEFFECTIVE LICENSES AND REGISTRATIONS

Minnesota § 332.395

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 332COLLECTION, CREDIT SERVICES

This text of Minnesota § 332.395 (COMMISSIONER'S POWER OVER INEFFECTIVE LICENSES AND REGISTRATIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 332.395 (2026).

Text

If a license or registration lapses, is surrendered, withdrawn, terminated, or otherwise becomes ineffective, the commissioner of commerce may do either or both of the following:

(1)institute a proceeding under section45.027within two years after the license or registration was last effective and enter a revocation or suspension order as of the last date on which the license or registration was in effect;

(2)impose a civil penalty as provided for in section45.027, subdivision 6.

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If a license or registration lapses, is surrendered, withdrawn, terminated, or otherwise becomes ineffective, the commissioner of commerce may do either or both of the following: (1) institute a proceeding under section45.027within two years after the license or registration was last effective and enter a revocation or suspension order as of the last date on which the license or registration was in effect; (2) impose a civil penalty as provided for in section45.027, subdivision 6.