Minn. R. agency 120, ch. 2885, pt. 2885.0500

Current through Register Vol. 49, No. 29, 2025

Part 2885.0500 - REPORT OF DISCONTINUANCE OF INTEREST OR DIVIDENDS

If payment of interest or dividends on property presumed abandoned pursuant to the Uniform Disposition of Unclaimed Property Act was discontinued, before or after the property was presumed abandoned, by reason of the inactivity, dormancy, or unclaimed status of the property, the holder shall include or attach as part of the report filed pursuant to Minnesota Statutes, section 345.41:

A. a copy of the form of contract which authorized such discontinuance of payment of interest or dividends; or

B. the citation of the authority for such discontinuance of payment of interest or dividends.

Minn. R. agency 120, ch. 2885, pt. 2885.0500

Statutory Authority: MS s 345.41; 345.56