Minnesota § 426.20 APPROPRIATION OR EXPENDITURE OF FUNDS

Minnesota Statutes

§ 426.20 — APPROPRIATION OR EXPENDITURE OF FUNDS

Minnesota § 426.20

PartMUNICIPAL FINANCE, TAXATION, SPECIAL ASSESSMENTS

Ch. 426FINANCE, TAXATION

This text of Minnesota § 426.20 (APPROPRIATION OR EXPENDITURE OF FUNDS) 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. § 426.20 (2026).

Text

No city owning and operating a municipal liquor store shall appropriate any funds to, or authorize the expenditure of any funds under its control for, the operation of the municipal liquor store unless the city council has first held a public hearing on the proposed transfer. Exceptions to the provisions of this section shall include funds for capital improvements, bonding costs and construction and repairs which can be amortized and paid from funds generated by the operation of the liquor store.

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No city owning and operating a municipal liquor store shall appropriate any funds to, or authorize the expenditure of any funds under its control for, the operation of the municipal liquor store unless the city council has first held a public hearing on the proposed transfer. Exceptions to the provisions of this section shall include funds for capital improvements, bonding costs and construction and repairs which can be amortized and paid from funds generated by the operation of the liquor store.