Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
62N.32 DEPOSIT REQUIREMENT.
A community network must satisfy the deposit requirement provided in section 62D.041.
The deposit counts as an admitted asset and as part of the required net worth. The deposit
requirement cannot be reduced by the alternative means that may be used to reduce the net worth
requirement, other than through the use of a guaranteeing organization.
History: 1994 c 625 art 1 s 12
A community network must satisfy the deposit requirement provided in section 62D.041.
The deposit counts as an admitted asset and as part of the required net worth. The deposit
requirement cannot be reduced by the alternative means that may be used to reduce the net worth
requirement, other than through the use of a guaranteeing organization.
History: 1994 c 625 art 1 s 12
Official Publication of the State of Minnesota
Revisor of Statutes