11A.21 INVESTMENT OF HIGHWAY FUNDS.
Subdivision 1.
Certification of highway funds. The commissioner of transportation shall
certify to the state board those portions of the highway user tax distribution fund established
pursuant to article XIV, section 5 of the Constitution of the state of Minnesota; the trunk highway
fund established pursuant to article XIV, section 6 of the Constitution of the state of Minnesota;
the county state-aid highway fund established pursuant to article XIV, section 7 of the Constitution
of the state of Minnesota; and the municipal state-aid street fund established pursuant to article
XIV, section 8 of the Constitution of the state of Minnesota, which in the judgment of the
commissioner are not required for immediate use.
Subd. 2.
Investment. The certified amount of highway funds not currently needed shall be
invested by the state board subject to the provisions of section
11A.25.
History: 1980 c 607 art 14 s 19; 1993 c 266 s 14