1997 Minnesota Statutes

     116O.12 Minnesota technology account. 

    (a) The Minnesota technology account is in the special 
 revenue fund.  Money in the account not needed for the immediate 
 purposes of the corporation may be invested by the state board 
 of investment in any way authorized by section 11A.24.  Money in 
 the account is appropriated to the corporation to be used as 
 provided in this chapter.  

    (b) The account consists of:  

    (1) money appropriated and transferred from other state 
 funds; 

    (2) fees and charges collected by the corporation; 

    (3) income from investments and purchases; 

    (4) revenue from loans, rentals, royalties, dividends, and 
 other proceeds collected in connection with lawful corporate 
 purposes; 

    (5) gifts, donations, and bequests made to the corporation; 
 and 

    (6) other income credited to the account by law. 

    HIST: 1987 c 386 art 2 s 12; 1988 c 690 art 2 s 3; 1989 c 335 
 art 4 s 59; 1990 c 610 art 1 s 43; 1991 c 322 s 19