Minn. Stat. § 116P.19

Current through 2024, c. 127

Section 116P.19 - DONATIONS

A recipient of money from the trust fund must not accept a monetary donation or payment from an owner of land that is acquired in fee in whole or in part with an appropriation from the trust fund that exceeds the documented expenses that are directly related to and necessary for activities specified in the work plan approved by the commission, unless expressly approved by the commission in the work plan. This section does not apply to:

(1) donations that are not connected with the acquisition transaction; or

(2) bargain sales, as defined by Code of Federal Regulations, title 26, section 1.1011-2, provided that the purchase price reimbursed by the state does not exceed the purchase price paid by the recipient.

Minn. Stat. § 116P.19

2016 c 186 s 5

Added by 2016 Minn. Laws, ch. 186,s 5, eff. 8/1/2016.