Minnesota Statutes
§ 345.55 — PENALTIES
Minnesota § 345.55
This text of Minnesota § 345.55 (PENALTIES) 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. § 345.55 (2026).
Text
Subdivision 1.Misdemeanor.
Any person who willfully fails to render any report or perform other duties required under sections345.31to345.60, shall be guilty of a misdemeanor.
Subd. 2.Gross misdemeanor.
Any person who willfully refuses to pay or deliver abandoned property to the commissioner as required under sections345.31to345.60shall be guilty of a gross misdemeanor.
Subd. 3.Interest assessment after demand.
In addition to any damages, penalties, or fines for which a person may be liable under other provisions of law, any person who fails to pay or deliver unclaimed property within the time prescribed by this chapter after written demand therefor by the commissioner made after March 29, 1978, shall pay to the commissioner interest at the rate of 12 percent per annum on the property o
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Legislative History
1969 c 725 s 25;1978 c 664 s 3;1983 c 301 s 234
Nearby Sections
15
§ 345.01
DUTY OF CONSIGNEE OR BAILEE§ 345.04
INVENTORY; ORDER OF SALE§ 345.05
NOTICE AND RETURN OF SALE§ 345.06
DISPOSITION OF PROCEEDS§ 345.07
MONEY DEPOSITED, HOW DISPOSED OF§ 345.10
STORAGE LIENS§ 345.11
SALE; NOTICE§ 345.12
SALE; PROCEEDS§ 345.13
WAREHOUSE OPERATOR'S BOND§ 345.14
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Bluebook (online)
Minnesota § 345.55, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/345/345.55.