Minnesota Statutes

§ 196.052 — GIFT ACCEPTANCE AND INVESTMENT

Minnesota § 196.052
JurisdictionMinnesota
PartVETERANS
Ch. 196DEPARTMENT OF VETERANS AFFAIRS

This text of Minnesota § 196.052 (GIFT ACCEPTANCE AND INVESTMENT) 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. § 196.052 (2026).

Text

On the behalf of the state, the commissioner may accept any gift, grant, bequest, or devise made for the purposes of this chapter and chapter 197. The commissioner must administer the funds as directed by the donor. All funds must be deposited in the state treasury and credited to the veterans affairs endowment, bequest, and devises fund. The balance of the fund is annually appropriated to the commissioner of veterans affairs to accomplish the purposes of this chapter and chapter 197. Funds received by the commissioner under this section in excess of current needs must be invested by the State Board of Investment in accordance with section11A.24. Disbursements from this fund must be in the manner provided for the issuance of other state payments. The commissioner may refuse to accept any g

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Legislative History

1983 c 147 s 1;2000 c 390 s 2;1Sp2019 c 10 art 3 s 40

Nearby Sections

15
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Bluebook (online)
Minnesota § 196.052, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/196/196.052.