2011 Minnesota Statutes
Chapters 16A - 16E — Administration and Finance
Chapter 16A — Department of Management and Budget
Section 16A.015 — Investment of Gifts
In case it is provided by the terms of such will, deed of gift, or other instrument that the capital of the money, property, or fund constituting such gift, bequest, devise, or endowment, or any part of such capital, shall be kept invested, the same shall be invested and kept invested in the same manner and by the same officers or body as the school funds of the state are by law required to be invested.
History:
1907 c 170 s 3; 2003 c 112 art 2 s 50
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