Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
306.241 DEPOSIT OF NET PROCEEDS FROM LOT RESALES.
The proceeds from the subsequent resale of lots or parcels the title to which has revested
in the corporation under sections 306.21 to 306.24, or 306.242, less the costs and expenses
incurred in proceedings approved by the district court, become a part of the permanent care and
improvement fund of the corporation.
History: 1969 c 311 s 3; 1983 c 149 s 1; 1988 c 469 art 5 s 1
The proceeds from the subsequent resale of lots or parcels the title to which has revested
in the corporation under sections 306.21 to 306.24, or 306.242, less the costs and expenses
incurred in proceedings approved by the district court, become a part of the permanent care and
improvement fund of the corporation.
History: 1969 c 311 s 3; 1983 c 149 s 1; 1988 c 469 art 5 s 1
Official Publication of the State of Minnesota
Revisor of Statutes