SURPLUS — Minnesota Code § 581.06
Minnesota Code § 581.06 — SURPLUS. Reproduced from the official Minnesota Statutes, with a citation summary, verification link, and related provisions.
§ 581.06. SURPLUS
When the sale is for cash, if, after satisfying the mortgage debt, with costs and expenses, there is a surplus, it shall be brought into court for the benefit of the mortgagor or the person entitled thereto, subject to the order of the court. If such surplus remains in court for three months without being applied for, the judge may direct it to be put out at interest, subject to the order of the court, for the benefit of the persons entitled thereto, to be paid to them upon order of the court.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
At a glance
- Citation: Minnesota Statutes § 581.06
- Jurisdiction: Minnesota
- Code: Minnesota Statutes
- Subject: SURPLUS
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Minnesota Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Minnesota attorney.
Common questions
What is the source of Minnesota Statutes § 581.06?
The text above is transcribed from the Minnesota Statutes, the codified statutes of Minnesota. The official publisher link appears under "Verify the text" on this page.
What subject does Minnesota Statutes § 581.06 address?
It addresses "SURPLUS". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Minnesota Statutes § 581.06 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Minnesota source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Minnesota law to your facts requires a licensed Minnesota attorney who can review the specifics.