Minnesota § 45A.07 IMMUNITY FOR DELAYING DISBURSEMENTS

Minnesota Statutes

§ 45A.07 — IMMUNITY FOR DELAYING DISBURSEMENTS

Minnesota § 45A.07

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Ch. 45AFINANCIAL EXPLOITATION PROTECTIONS FOR OLDER OR VULNERABLE ADULTS

This text of Minnesota § 45A.07 (IMMUNITY FOR DELAYING DISBURSEMENTS) 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. § 45A.07 (2026).

Text

(a)A broker-dealer or investment adviser that, in good faith, complies with section45A.06, subdivision 1, or the commissioner of commerce, law enforcement agency, or prosecuting attorney's office is immune from administrative, civil, or criminal liability that might otherwise arise from the delay in a disbursement or placing a hold on a transaction in accordance with this chapter.

(b)A financial services provider, or an employee of a financial services provider, that, in good faith, complies with section45A.06, subdivision 2, or the commissioner of commerce, law enforcement agency, or prosecuting attorney's office is immune from administrative, civil, or criminal liability that might otherwise arise from the delay of a disbursement or placing a hold on a transaction in accordance with th

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(a) A broker-dealer or investment adviser that, in good faith, complies with section45A.06, subdivision 1, or the commissioner of commerce, law enforcement agency, or prosecuting attorney's office is immune from administrative, civil, or criminal liability that might otherwise arise from the delay in a disbursement or placing a hold on a transaction in accordance with this chapter.
(b) A financial services provider, or an employee of a financial services provider, that, in good faith, complies with section45A.06, subdivision 2, or the commissioner of commerce, law enforcement agency, or prosecuting attorney's office is immune from administrative, civil, or criminal liability that might otherwise arise from the delay of a disbursement or placing a hold on a transaction in accordance with this chapter.
(c) A party that, in good faith and in compliance with section45A.06, delays or places a hold on a disbursement or transaction directed by an attorney-in-fact shall not be deemed to have refused to accept the authority of the attorney-in-fact for purposes of section523.20.