Minnesota Statutes

§ 222.631 — DEFINITIONS

Minnesota § 222.631
JurisdictionMinnesota
PartCARRIERS
Ch. 222RAILROAD COMMERCE AND PROPERTY

This text of Minnesota § 222.631 (DEFINITIONS) 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. § 222.631 (2026).

Text

Subdivision 1.Terms. For purposes of sections222.631and222.632, the following terms have the meanings given them. Subd. 2.Fair market value. "Fair market value" means the price negotiated between the parties under section222.632, or the market value of the property minus the value of any leasehold improvements, as determined by independent appraisers. Subd. 3.Leaseholder. "Leaseholder" means a person who holds a lease, license, or permit with respect to property within a right-of-way, and who has erected eligible leasehold improvements on the property with a total fair market value of $7,500 or more. Subd. 3a.Nonrailroad lessor. "Nonrailroad lessor" means one who has granted to a lessee an interest in property within a right-of-way and who is neither (1) an operator of a railroad on th

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Legislative History

1986 c 398 art 14 s 1;1989 c 212 s 1;2002 c 379 art 1 s 59

Nearby Sections

15
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Bluebook (online)
Minnesota § 222.631, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/222/222.631.