Minnesota § 576.49 - CLAIMS PROCESS

Full text of Minnesota Minnesota Statutes § 576.49 — CLAIMS PROCESS, with citation guidance and answers to common questions.

§ 576.49. CLAIMS PROCESS

Subdivision 1.Recommendation of receiver.

In a general receivership, and in a limited receivership if the circumstances require, the receiver shall submit to the court a recommendation concerning a claims process appropriate to the particular receivership.

Subd. 2.Order establishing process.

In a general receivership and, if the court orders, in a limited receivership, the court shall establish the claims process to be followed in the receivership addressing whether proofs of claim must be submitted, the form of any proofs of claim, the place where the proofs of claim must be submitted, the deadline or deadlines for submitting the proofs of claim, and other matters bearing on the claims process.

Subd. 3.Alternative procedures.

The court may authorize proofs of claim to be filed with the receiver rather than the court. The court may authorize the receiver to treat claims as allowed claims based on the amounts established in the books and records of the respondent or the schedule of claims filed pursuant to section 576.33, without necessity of formal proofs of claim.

History:

2012 c 143 art 1 s 29

Official Publication of the State of Minnesota
Revisor of Statutes

Frequently Asked Questions About Minnesota § 576.49

What does Minnesota Statutes § 576.49 cover?

Section 576.49 ("CLAIMS PROCESS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 576.49?

A common citation format is "Minnesota Statutes § 576.49" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 576.49 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.