There is a newer version
of
this Section
2019 Minnesota Statutes
Chapters 365 - 368 — Towns
Chapter 365 — Town General Law
Section 365.49 — Property Of Dissolved Town Belongs To County.
Universal Citation: MN Stat § 365.49 (2019)
365.49 PROPERTY OF DISSOLVED TOWN BELONGS TO COUNTY.
Subdivision 1. If needed by county: credit. A dissolved town's real or personal property that is needed for county purposes becomes the property of the county. The reasonable value of the property, as determined by the county board must be credited to the town and used to pay off outstanding bonds, warrants, or judgments.
Subd. 2. If unneeded: no credit. Other property of the town becomes the property of the county without being credited to the town.
Subd. 3. Surplus town money. Surplus money of the town after all obligations are paid must be credited to the county's general fund.
History: (1002-13) 1931 c 96 s 5; 1987 c 229 art 8 s 1
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
