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Current as of January 01, 2025 | Updated by Findlaw Staff
It shall be the duty of every commission merchant, copartnership, association, corporation, or broker, doing business as such, to furnish to every customer or principal for whom such commission merchant, broker, copartnership, corporation, or association has executed any order, for the actual purchase or sale of any stocks, grain, provisions, or other commodities, or personal property, either for immediate or future delivery, a written statement containing the names of the parties from whom such property was bought, or to whom it shall have been sold, as the case may be, the time when, the place where, and the price at which the same was either bought or sold; and, in case such commission merchant, broker, copartnership, corporation, or association fails to properly furnish such statement, the fact of such failure shall be prima facie evidence that such property was not sold or bought in a legitimate manner.
Cite this article: FindLaw.com - Minnesota Statutes Crimes; Expungement; Victims (Ch. 609-624) § 624.70. Duty of commission merchants and brokers - last updated January 01, 2025 | https://codes.findlaw.com/mn/crimes-expungement-victims-ch-609-624/mn-st-sect-624-70/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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