Minn. Stat. § 16B.296

Current through Register Vol. 49, No. 8, August 19, 2024
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.

Minn. Stat. § 16B.296

2005 c 156 art 2 s 19