OTHER IMPAIRMENTS.
Minn. Stat. § 60A.1285
in effect60A.1285. OTHER IMPAIRMENTS.
If distressed or delinquent mortgage loans being valued according to section 60A.123, subdivisions 3 and 4, are determined to be permanently impaired, a direct write-down must be recognized as a realized loss, and a new cost basis established.
2000 c 350 s 7
Source: Minnesota Office of the Revisor of Statutes (revisor.mn.gov)URL: https://www.revisor.mn.gov/statutes/cite/60A.1285Fetched: 10/19/2026
