Minnesota Session Laws - 1999, Regular Session

                             CHAPTER 69-S.F.No. 465 
                  An act relating to counties; permitting county 
                  recorders to require minimum deposits in certain 
                  cases; amending Minnesota Statutes 1998, section 
                  386.78. 
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  Minnesota Statutes 1998, section 386.78, is 
        amended to read: 
           386.78 [SECURITY DEPOSITS.] 
           The county recorder in each county shall accept security 
        deposits to guarantee payment of charges.  Any person desiring 
        to make such deposits may deposit any amount desired with the 
        county recorder who shall deposit this in a security fund with 
        the county treasurer.  The county treasurer may invest said 
        funds and the income therefrom shall be deposited in the general 
        fund of the county. 
           The county recorder shall extend credit to any person who 
        has made such deposit up to the amount of the deposit. 
           Any person may withdraw any such deposit provided that any 
        unpaid items shall first be deducted therefrom, except that the 
        county recorder may require a reasonable minimum deposit be 
        maintained based on anticipated monthly charges of the depositor.
           Presented to the governor April 16, 1999 
           Signed by the governor April 20, 1999, 9:23 a.m.