2005 Minnesota Statutes - 354A.08 — Authorized investments.

     354A.08 Authorized investments. 


    A teachers retirement fund association may receive, hold, 
 and dispose of real estate or personal property acquired by it, 
 whether the acquisition was by purchase, or any other lawful 
 means, as provided in this chapter or in the association's 
 articles of incorporation.  In addition to other authorized real 
 estate investments, an association may also invest funds in 
 Minnesota situs nonfarm real estate ownership interests or loans 
 secured by mortgages or deeds of trust. 


    HIST: (1364) 1909 c 343 s 7; 1979 c 217 s 4; 1983 c 291 s 3; 
 1992 c 598 art 6 s 13