Minnesota Statutes 127A.31 – Goal of the Permanent School Fund
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The legislature intends that it is the goal of the permanent school fund to secure the maximum long-term economic return from the school trust lands consistent with the fiduciary responsibilities imposed by the trust relationship established in the Minnesota Constitution, with sound natural resource conservation and management principles, and with other specific policy provided in state law.
Terms Used In Minnesota Statutes 127A.31
- Fiduciary: A trustee, executor, or administrator.
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44