Minnesota § 481.21 BOND COUNSEL FEES

Minnesota Statutes

§ 481.21 — BOND COUNSEL FEES

Minnesota § 481.21

PartJUDICIARY

Ch. 481ATTORNEYS-AT-LAW

This text of Minnesota § 481.21 (BOND COUNSEL FEES) 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. § 481.21 (2026).

Text

An attorney-at-law performing services as bond counsel for the state, a state agency, or a political subdivision of the state shall be paid a fair and reasonable attorney's fee, based on the following factors:

(1)the time and labor required;

(2)the experience and knowledge of the attorney;

(3)the complexity and novelty of problems involved;

(4)the extent of the responsibilities assumed and the results obtained; and

(5)the sufficiency of assets properly available to pay for the services. The fee must not be based primarily on a percentage of the amount of the bonds or obligations sold.

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An attorney-at-law performing services as bond counsel for the state, a state agency, or a political subdivision of the state shall be paid a fair and reasonable attorney's fee, based on the following factors:
(1) the time and labor required;
(2) the experience and knowledge of the attorney;
(3) the complexity and novelty of problems involved;
(4) the extent of the responsibilities assumed and the results obtained; and
(5) the sufficiency of assets properly available to pay for the services.
The fee must not be based primarily on a percentage of the amount of the bonds or obligations sold.