Minnesota § 301B.04 PUBLIC SERVICE CORPORATIONS; MORTGAGES AND DEEDS OF TRUST

Minnesota Statutes

§ 301B.04 — PUBLIC SERVICE CORPORATIONS; MORTGAGES AND DEEDS OF TRUST

Minnesota § 301B.04

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 301BPUBLIC SERVICE CORPORATIONS

This text of Minnesota § 301B.04 (PUBLIC SERVICE CORPORATIONS; MORTGAGES AND DEEDS OF TRUST) 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. § 301B.04 (2026).

Text

A public service corporation owning property in this state may mortgage or execute deeds of trust of the whole, or any part, of its property and franchises to secure money borrowed by it for the construction and equipment of its lines and properties and for its corporate purposes. The corporation may issue its corporate bonds, in sums of at least $100, secured by these mortgages or deeds of trust. The mortgages or deeds of trust may by their terms include after-acquired real and personal property, and are as valid and effectual for that purpose as if this after-acquired property were owned by, and in possession of, the corporation giving the mortgage or deed of trust at the time of its execution.

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

A public service corporation owning property in this state may mortgage or execute deeds of trust of the whole, or any part, of its property and franchises to secure money borrowed by it for the construction and equipment of its lines and properties and for its corporate purposes. The corporation may issue its corporate bonds, in sums of at least $100, secured by these mortgages or deeds of trust. The mortgages or deeds of trust may by their terms include after-acquired real and personal property, and are as valid and effectual for that purpose as if this after-acquired property were owned by, and in possession of, the corporation giving the mortgage or deed of trust at the time of its execution.