1999 Minnesota Code
Chapters 418 - 425 Municipal Personnel, Retirement
Chapter 423 Retirement; Police Officer, Firefighter
Section 423.50 General fund; special fund.
423.50 General fund; special fund.
The money received from the various sources shall be kept in two separate and distinct funds, one to be designated as the association special fund, and the other as its general fund. All money received from the city in which the relief association is located, including wage deductions from the basic pay of police officers, shall be deposited in the special fund and shall be expended only for the purposes hereinafter authorized. All money received from other sources shall be deposited in the general fund, and may be expended for any purpose deemed proper by such association.
HIST: 1947 c 624 s 10; 1986 c 444
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