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2015 Minnesota Statutes
Chapters 14 - 15A — STATE AGENCIES
Chapter 15 — STATE AGENCIES IN GENERAL
Section 15.082 — OBLIGATIONS OF PUBLIC CORPORATIONS.

MN Stat § 15.082 (2015) What's This?
15.082 OBLIGATIONS OF PUBLIC CORPORATIONS.

Notwithstanding any other law, the state is not liable for obligations of a public corporation created by statute. Upon dissolution of the public corporation, its wholly owned assets become state property. Partially owned assets become state property to the extent that state money was used to acquire them.

This section does not apply to a public corporation governed by chapter 119.

History:

1990 c 594 art 1 s 41

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