54.297 APPLICATION FOR RECEIVER.
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/mn/chapter-54/54-297A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
54.297 APPLICATION FOR RECEIVER.
When in the judgment of the commissioner grounds for liquidation as set forth in section 49.04 , exist or are about to occur, the commissioner may make application to the district court in which a company defined in section 54.26 , is situated for the appointment of a receiver or conservator.