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BIGWATER CORP. v. LARSON

No. 45454.

247 N.W.2d 603 (1976)

BIGWATER CORPORATION, Respondent, v. John R. LARSON, as Commissioner of the Division of Securities of the Department of Commerce for the State of Minnesota, Appellant.

Supreme Court of Minnesota.

October 22, 1976.

Attorney(s) appearing for the Case

Warren Spannaus, Atty. Gen., Peter W. Sipkins, Sol. Gen., Robert W. Herr, Asst. Atty. Gen., Barry R. Greller, Sp. Asst. Atty. Gen., St. Paul, for appellant.

Gordon Rosenmeier, John E. Simonett and Michael P. Perry, Little Falls, for respondent.

Heard before SHERAN, C. J., and OTIS, TODD, MacLAUGHLIN, and SCOTT, JJ., and considered and decided by the court en banc.

OTIS, Justice.

This is an action brought by Bigwater Corporation, a land developer, to secure a judgment declaring that it is exempt from the application of the Minnesota Subdivided Land Sales Practices Act, Minn.St. c. 83, regulating the sale of subdivided lands. The trial court granted Bigwater summary judgment against the commissioner of securities and he appeals from that decision. We affirm.

The facts are not in dispute and were presented by stipulation...

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