2025 Session Last amended: 1986 session

§ 550.20 — Sale, When and How

Plain-Language Summary

If a person holds property belonging to the judgment debtor, the judgment creditor can serve notice on that person requiring them to turn the property over. Refusal to comply can result in the person being held in contempt of court.

550.20 SALE, WHEN AND HOW.

The sale shall be by auction, between 9:00 a.m. and sunset, in the county where the property or some part thereof is situated. If the sale is of personal property capable of manual delivery, it shall be within view of those who attend, and shall be sold in such parcels as are likely to bring the highest price. If of real property consisting of several known parcels, the parcels shall be sold separately; and, if a portion thereof is claimed by a third person who requires it to be sold separately, it shall be so sold. No more shall be sold than is sufficient to satisfy the execution, and neither the officer nor the officer’s deputy may purchase.

History:

(9435) RL s 4306; 1986 c 444

History: History: (9435) RL s 4306; 1986 c 444

Practical Notes

If someone else is holding the debtor’s money or property (like a bank or business partner), the judgment creditor can require that person to turn it over. Refusing to comply can mean being held in contempt of court.

Source: Minnesota Office of the Revisor of Statutes