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Minn. Stat. § 309.533

INVESTIGATIONS.

Known as the Uniform Prudent Management of Institutional Funds Act

The act spans §§ 309.50 to 309.77 (28 sections).

Applied in 1 court decision — leading case 634 F. Supp. 1489 - Heritage Publishing Co. v. Fishman (1986)

Most recently applied in 634 F. Supp. 1489 - Heritage Publishing Co. v. Fishman (May 1986)

1978 c 601 s 11; 1986 c 444; 1987 c 336 s 36,46

Subdivision 1. Attorney general investigation powers.

The attorney general:

(a) may make public or private investigations within or outside the state as deemed necessary by the attorney general to determine whether any person has violated or is about to violate any provision of sections 309.50 to 309.61 or any rule or order thereunder, or to aid in the enforcement of sections 309.50 to 309.61 in the prescribing of rules and forms thereunder, and may publish information, concerning the violation of sections 309.50 to 309.61 or any rule or order thereunder.

(b) may require or permit any person to file a statement in writing, under oath or otherwise as the attorney general determines, as to all facts and circumstances concerning the matter being investigated.

Subd. 2.

[Repealed, 1987 c 336 s 47 ]

Subd. 3.

[Repealed, 1987 c 336 s 47 ]

Subd. 4.

[Repealed, 1987 c 336 s 47 ]

Subd. 5. Attorney general discovery powers.

In connection with an investigation under this section, the attorney general may obtain discovery from any person regarding any matter, fact, or circumstance, not privileged, that is relevant to the subject matter involved in the investigation, in accordance with the provisions of section 8.31 .

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.