Minnesota Statutes
§ 298.294 — INVESTMENT OF FUND
Minnesota § 298.294
This text of Minnesota § 298.294 (INVESTMENT OF FUND) 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. § 298.294 (2026).
Text
The trust fund established by section298.292shall be invested pursuant to law by the State Board of Investment and the net interest, dividends, and other earnings arising from the investments shall be transferred on the first day of each month to the trust and shall be included and become part of the trust fund. The amounts transferred are appropriated from the trust fund to the commissioner of Iron Range resources and rehabilitation for deposit in a separate account for expenditure for the purposes set forth in section298.292. Amounts appropriated pursuant to this section shall not cancel but shall remain available unless expended.
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Legislative History
1977 c 423 art 10 s 28;3Sp1981 c 2 art 7 s 6;2Sp1982 c 2 s 7;1983 c 46 s 3;2009 c 78 art 7 s 20;2010 c 215 art 9 s 1;2010 c 216 s 20;2013 c 3 s 20;2016 c 158 art 1 s 167;2022 c 55 art 1 s 145
Nearby Sections
15
§ 298.001
DEFINITIONS§ 298.01
MINING OR PRODUCING ORES§ 298.015
GROSS PROCEEDS TAX ON MINING§ 298.016
GROSS PROCEEDS§ 298.018
DISTRIBUTION OF PROCEEDS§ 298.2211
FINANCING ACTIVITIES§ 298.2212
INVESTMENT OF FUNDS§ 298.2214
IRON RANGE HIGHER EDUCATION§ 298.2215
COUNTY SCHOLARSHIP PROGRAM§ 298.2216
GIANTS RIDGE ACCOUNTCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 298.294, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/298/298.294.