2025 Session
Last amended: 1965 session
§ 318.06 — Penalties
Plain-Language Summary
Sets penalties for violating the business trust law.
318.06 PENALTIES.
Any such association, person or party who shall violate any of the provisions of this chapter shall forfeit and pay to this state a penalty, not exceeding $1,000. Such penalties may be recovered in the District Court of Ramsey County by action in the name of the state, brought by the attorney general.
History:
1961 c 740 s 7; 1965 c 732 s 5
History: History: 1961 c 740 s 7; 1965 c 732 s 5
Practical Notes
Violations can result in a state penalty of up to $1,000, collected in Ramsey County court.