Minn. Stat. § 16B.296
This is the official text of Minn. Stat. § 16B.296, part of Minnesota’s Stat — part of the compiled statutory law of Minnesota, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 16B.296 TRANSFER OF REAL PROPERTY.
Official statutory text
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.
Status: in_force · Read it on the official government site
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