Minnesota § 475.70 LOST INSTRUMENTS; INDEMNITY

Minnesota Statutes

§ 475.70 — LOST INSTRUMENTS; INDEMNITY

Minnesota § 475.70

PartPUBLIC DEBT; LOCAL GOVERNMENT AID

Ch. 475MUNICIPAL DEBT

This text of Minnesota § 475.70 (LOST INSTRUMENTS; INDEMNITY) 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. § 475.70 (2026).

Text

If the owner of any obligation which is destroyed or lost, first gives a satisfactory surety bond to the municipality, in a sum double the amount of such obligation, conditioned to save it harmless in the premises, the governing body thereof may authorize the issuance of another to the owner in its place, corresponding with the missing obligation as to number, date, amount, and unpaid coupons. Such obligation shall be signed by the proper officials who are then in office, and shall be marked and dated as provided in section475.69. The treasurer shall keep a record of all reissues and duplicates showing the date of issue and the persons to whom issued.

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If the owner of any obligation which is destroyed or lost, first gives a satisfactory surety bond to the municipality, in a sum double the amount of such obligation, conditioned to save it harmless in the premises, the governing body thereof may authorize the issuance of another to the owner in its place, corresponding with the missing obligation as to number, date, amount, and unpaid coupons. Such obligation shall be signed by the proper officials who are then in office, and shall be marked and dated as provided in section475.69. The treasurer shall keep a record of all reissues and duplicates showing the date of issue and the persons to whom issued.