Minnesota Statutes 161.231 – Appropriation; Proceeds From State Property
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There is appropriated annually from the fund or account in the state treasury to which the money from the sale, lease, conveyance, or disposal of state property is credited a sufficient amount of money to carry out the state’s obligations under the provisions of sections 15.16, 117.135, 117.226, 161.16, 161.202, 161.23, subdivision 3, 161.24, 161.241, 161.43, 161.433, 161.44, 161.442, and 272.68, subdivision 3, including the inventorying, marketing, and property management activities required to sell, lease, rent, permit, convey, or otherwise dispose of the land or the interest in the land. At the discretion of the commissioner of transportation, money in the account at the end of each biennium may cancel to the trunk highway fund.
Terms Used In Minnesota Statutes 161.231
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44