1997 Minnesota Statutes

     121.9121 Exceptions for permanent fund transfers. 

    Subdivision 1.    Commissioner's authorization.  The 
 commissioner may authorize a board to transfer money from any 
 fund or account other than the debt redemption fund to another 
 fund or account according to this section. 

    Subd. 2.    Application.  A board requesting authority 
 to transfer money shall apply to the commissioner and provide 
 information requested.  The application shall indicate the law 
 or rule prohibiting the desired transfer.  It shall be signed by 
 the superintendent and approved by the school board. 

    Subd. 3. Repealed, 1993 c 224 art 12 s 32; 1993 c 374 s 22 

    Subd. 4.    Approval standard.  The commissioner may 
 approve a request only when an event has occurred in a district 
 that could not have been foreseen by the district.  The event 
 shall relate directly to the fund or account involved and to the 
 amount to be transferred. 

    Subd. 5. Repealed, 1993 c 224 art 12 s 32; 1993 c 374 s 32 

    Subd. 6. Repealed, 1989 c 329 art 9 s 34 

    Subd. 7. Repealed, 1988 c 718 art 7 s 65 

    HIST: 1Sp1985 c 12 art 7 s 8; 1987 c 143 s 1; 1993 c 224 art 
 13 s 7-9