1998 Minnesota Statutes

     287.10 Prepayment of tax; evidence; notice. 

    A mortgage or papers relating to its foreclosure, 
 assignment, or satisfaction, must not be recorded or registered 
 unless the tax has been paid.  A document or any record of the 
 mortgage may not be received in evidence in any court, and is 
 not valid notice, unless the tax has been paid.  If the tax is 
 paid, an error in computation or ascertainment of the amount 
 does not affect the validity of the mortgage or the record or 
 foreclosure.  This section does not apply to a mortgage that is 
 exempt from taxation under section 287.04 or 287.05, subdivision 
 1.  

    HIST: (2328) 1907 c 328 s 7; 1913 c 163 s 2; 1929 c 222 s 1; 
 1Sp1985 c 18 s 3; 1987 c 268 art 14 s 14