51A.47 CORRECTION OF WRONGDOINGS BY UNIMPAIRED INSTITUTION.
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/mn/chapter-51/51a-47A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
51A.47 CORRECTION OF WRONGDOINGS BY UNIMPAIRED INSTITUTION.
No conservator or receiver shall be appointed, or private property seized, with respect to an association which is not in an impaired condition if the alleged wrongdoing can be otherwise corrected as provided in sections 51A.01 to 51A.57 or otherwise as provided by law.