Minnesota § 452.13 TERM OF GRANT OR LEASE

Minnesota Statutes

§ 452.13 — TERM OF GRANT OR LEASE

Minnesota § 452.13

PartLOCAL PUBLIC UTILITIES, ENTERPRISES

Ch. 452MUNICIPAL OWNERSHIP OF UTILITIES

This text of Minnesota § 452.13 (TERM OF GRANT OR LEASE) 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. § 452.13 (2026).

Text

Nothing in sections452.08to452.13contained shall be construed to authorize any city of the first class to make any grants or to lease any public utility for a period exceeding 20 years from the making of the grant or lease; provided, that when a right to maintain and operate a public utility for a period not exceeding 20 years is contained in a mortgage or deed of trust to secure any of the certificates (and no such right shall be implied), the period shall commence as provided in section452.09.

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Nothing in sections452.08to452.13contained shall be construed to authorize any city of the first class to make any grants or to lease any public utility for a period exceeding 20 years from the making of the grant or lease; provided, that when a right to maintain and operate a public utility for a period not exceeding 20 years is contained in a mortgage or deed of trust to secure any of the certificates (and no such right shall be implied), the period shall commence as provided in section452.09.