2015 Minnesota Statutes
Chapters 16A - 16E — ADMINISTRATION AND FINANCE
Chapter 16B — DEPARTMENT OF ADMINISTRATION
Section 16B.296 — TRANSFER OF REAL PROPERTY.
Notwithstanding any law to the contrary, real property purchased in whole or in part with state funds may not be transferred for less than the appraised value, or if the property has not been appraised, for less than the fair market value as determined by the commissioner of administration. This section does not apply to a department listed in section 15.01, the Minnesota State Colleges and Universities, the University of Minnesota, or a political subdivision of the state.
History:2005 c 156 art 2 s 19
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
