Minnesota § 47.24 FAILURE TO REPORT; FORFEITURES

Minnesota Statutes

§ 47.24 — FAILURE TO REPORT; FORFEITURES

Minnesota § 47.24

PartBANKING

Ch. 47FINANCIAL CORPORATIONS

This text of Minnesota § 47.24 (FAILURE TO REPORT; FORFEITURES) 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. § 47.24 (2026).

Text

Every corporation which shall fail to make and transmit to the commissioner of commerce, within ten days after the time prescribed by law therefor, any report required by the provisions of this chapter, or by other lawful authority, or shall fail to include therein any matter required by the commissioner of commerce, shall forfeit to the state the sum of $100 for every day that the report is withheld or delayed or that it shall fail to report any such omitted matter.

Free access — add to your briefcase to read the full text and ask questions with AI

Every corporation which shall fail to make and transmit to the commissioner of commerce, within ten days after the time prescribed by law therefor, any report required by the provisions of this chapter, or by other lawful authority, or shall fail to include therein any matter required by the commissioner of commerce, shall forfeit to the state the sum of $100 for every day that the report is withheld or delayed or that it shall fail to report any such omitted matter.