Minnesota Statutes
§ 60B.48 — TERMINATION OF PROCEEDINGS
Minnesota § 60B.48
This text of Minnesota § 60B.48 (TERMINATION OF PROCEEDINGS) 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. § 60B.48 (2026).
Text
Subdivision 1.Liquidator's application.
When all assets justifying the expense of collection and distribution have been collected and distributed under sections60B.01to60B.61, the liquidator shall apply to the court for discharge. The court may grant the discharge and make any other orders deemed appropriate, including an order to transfer to the state treasury to the credit of the general fund any remaining funds that are uneconomic to distribute.
Subd. 2.Application by others.
Any other person may apply to the court at any time for an order under subdivision 1. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application, including a reasonable attorney's fee.
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Legislative History
1969 c 399 s 1;1969 c 708 s 48
Nearby Sections
15
§ 60B.01
TITLE, CONSTRUCTION, AND PURPOSE§ 60B.02
PERSONS COVERED§ 60B.03
DEFINITIONS§ 60B.04
JURISDICTION AND VENUE§ 60B.05
INJUNCTIONS AND ORDERS§ 60B.06
COSTS AND EXPENSES OF LITIGATION§ 60B.09
COMMISSIONER'S REPORTS§ 60B.11
COMMISSIONER'S SUMMARY ORDERS§ 60B.12
COURT'S SEIZURE ORDER§ 60B.13
COMMISSIONER'S SEIZURE ORDER§ 60B.15
GROUNDS FOR REHABILITATION§ 60B.16
REHABILITATION ORDERSCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 60B.48, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/60B/60B.48.