Minnesota § 16A.014 ADMINISTRATION OF GIFTS

Minnesota Statutes

§ 16A.014 — ADMINISTRATION OF GIFTS

Minnesota § 16A.014

PartADMINISTRATION AND FINANCE

Ch. 16ADEPARTMENT OF MANAGEMENT AND BUDGET

This text of Minnesota § 16A.014 (ADMINISTRATION OF GIFTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 16A.014 (2026).

Text

In case any such gift, bequest, devise, or endowment is so accepted, the same and the proceeds thereof shall be administered and applied according to the terms of the will, deed of gift, or other instrument defining, providing for, creating, or establishing the same; but all such property and funds shall be held by the commissioner of management and budget in an official capacity and paid out and disbursed the same as other state funds.

Free access — add to your briefcase to read the full text and ask questions with AI

In case any such gift, bequest, devise, or endowment is so accepted, the same and the proceeds thereof shall be administered and applied according to the terms of the will, deed of gift, or other instrument defining, providing for, creating, or establishing the same; but all such property and funds shall be held by the commissioner of management and budget in an official capacity and paid out and disbursed the same as other state funds.