1999 Minnesota Code
Chapters 272 - 289 Property Taxes
Chapter 272 Taxation, General Provisions
Section 272.24 Company to report transfers.

272.24 Company to report transfers.

Every railroad company which issues any stock, contract, or writing granting, transferring, or securing to any person any estate, right, title, or interest in or to any such lands, shall within the time required by law report the same to the commissioner of finance, and any failure so to report shall operate as a forfeiture of its corporate franchises and privileges, and the attorney general shall thereupon proceed against such company to have its charter and franchises declared forfeited.

HIST: (2224) RL s 996; 1973 c 492 s 14

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