Minnesota § 353F.09 APPLICATION TO SALES OF PRIVATIZED EMPLOYERS

Minnesota Statutes

§ 353F.09 — APPLICATION TO SALES OF PRIVATIZED EMPLOYERS

Minnesota § 353F.09

PartRETIREMENT

Ch. 353FPRIVATIZED PUBLIC HOSPITAL, PERA PENSION BENEFITS

This text of Minnesota § 353F.09 (APPLICATION TO SALES OF PRIVATIZED EMPLOYERS) 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. § 353F.09 (2026).

Text

A privatized employer shall cease to be a privatized employer and its employees shall cease to be considered privatized employees under this chapter upon the sale of the operations of the employing unit to another employer or the sale of the employing unit to another employer. The privatized employees are entitled to benefits accrued under this chapter to the date of the sale, but must not accrue additional benefits after the date of the sale.

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A privatized employer shall cease to be a privatized employer and its employees shall cease to be considered privatized employees under this chapter upon the sale of the operations of the employing unit to another employer or the sale of the employing unit to another employer. The privatized employees are entitled to benefits accrued under this chapter to the date of the sale, but must not accrue additional benefits after the date of the sale.