Minnesota Statutes 250.05 – Creation; Administration; Powers and Duties
Subdivision 1.
[Repealed, 1988 c 599 s 5]
Subd. 2.
Terms Used In Minnesota Statutes 250.05
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- children: includes children by birth or adoption;
(9) "day" comprises the time from midnight to the next midnight;
(10) "fiscal year" means the year by or for which accounts are reckoned;
(11) "hereafter" means a reference to the time after the time when the law containing such word takes effect;
(12) "heretofore" means a reference to the time previous to the time when the law containing such word takes effect;
(13) "judicial sale" means a sale conducted by an officer or person authorized for the purpose by some competent tribunal;
(14) "minor" means an individual under the age of 18 years;
(15) "money" means lawful money of the United States;
(16) "night time" means the time from sunset to sunrise;
(17) "non compos mentis" refers to an individual of unsound mind;
(18) "notary" means a notary public;
(19) "now" in any provision of a law referring to other laws in force, or to persons in office, or to any facts or circumstances as existing, relates to the laws in force, or to the persons in office, or to the facts or circumstances existing, respectively, on the effective date of such provision;
(20) "verified" when used in reference to writings, means supported by oath or affirmation. See Minnesota Statutes 645.45
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 250.05
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- children: includes children by birth or adoption;
(9) "day" comprises the time from midnight to the next midnight;
(10) "fiscal year" means the year by or for which accounts are reckoned;
(11) "hereafter" means a reference to the time after the time when the law containing such word takes effect;
(12) "heretofore" means a reference to the time previous to the time when the law containing such word takes effect;
(13) "judicial sale" means a sale conducted by an officer or person authorized for the purpose by some competent tribunal;
(14) "minor" means an individual under the age of 18 years;
(15) "money" means lawful money of the United States;
(16) "night time" means the time from sunset to sunrise;
(17) "non compos mentis" refers to an individual of unsound mind;
(18) "notary" means a notary public;
(19) "now" in any provision of a law referring to other laws in force, or to persons in office, or to any facts or circumstances as existing, relates to the laws in force, or to the persons in office, or to the facts or circumstances existing, respectively, on the effective date of such provision;
(20) "verified" when used in reference to writings, means supported by oath or affirmation. See Minnesota Statutes 645.45
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
[Repealed, 1988 c 599 s 5]
Subd. 2a.
[Repealed, 1988 c 599 s 5]
Subd. 3.
[Repealed, 1988 c 599 s 5]
Subd. 3a.Employee designation.
All employees of the Gillette Children‘s Hospital who are in the classified service of the state on March 28, 1974, shall be continued as employees of the Gillette Children’s Hospital Board without loss of status, seniority, or benefits. The Departments of Administration and Personnel shall endeavor to assist in the transfer elsewhere within state service of any classified employee who desires such assistance. Classified personnel may, with their individual approval and the approval of the Gillette Children’s Hospital Board, enter the unclassified service. Employees who remain in the classified service of the state under the provisions of this section, may do so as long as they continue to occupy the position occupied on March 28, 1974. If such an employee at a subsequent date is appointed, transferred, promoted, or demoted to a different position under the Gillette Children’s Hospital Board, that position and employee shall be in the unclassified service. All other employees of the Gillette Children’s Hospital Board shall be in the unclassified service. The Gillette Children’s Hospital Board may prescribe all terms and conditions of employment of unclassified employees, including but not limited to the fixing of classification and compensation, without regard to the provisions of chapter 15A. Full-time employees of the Gillette Children’s Hospital Board may be members of the Minnesota State Retirement System for classified employees, to which the Gillette Children’s Hospital Board shall make employer’s contributions.
Subd. 4.
[Repealed, 1988 c 599 s 5]
Subd. 5.
[Repealed, 1988 c 599 s 5]
Subd. 6.
[Repealed, 1988 c 599 s 5]
Subd. 7.
[Repealed, 1988 c 599 s 5]
Subd. 8.Dissolution and liquidation requirements.
The Gillette Children’s Hospital may be dissolved upon the adoption of a plan to dissolve by two-thirds of the Gillette Children’s Hospital Board. In the event of dissolution of the Gillette Children’s Hospital, no liquidating or other dividends shall be declared or paid to any private individual and the net assets of the Gillette Children’s Hospital shall be distributed as follows:
(1) all liabilities and obligations of the Gillette Children’s Hospital shall be paid, satisfied, or discharged, or adequate provision shall be made to do so; and
(2) remaining assets shall be distributed to the state of Minnesota or public, charitable, scientific, or educational organizations described in sections 170(c)(2), 501(c)(3), 2055(a)(2), and 2522(a)(2) of the Internal Revenue Code of 1986, as amended, as determined in the plan to dissolve.