1998 Minnesota Statutes

     7.22 May issue commemorative medallions. 

    The state treasurer may issue medallions to commemorate 
 popular contemporaneous events of statewide interest. 

    The treasurer may make reasonable arrangements with public 
 or private entities for the production, distribution, marketing, 
 and sale of the medallions.  The treasurer or other entity may 
 solicit and receive nonstate funds or in-kind contributions in 
 connection with any part of the medallion program.  Proceeds 
 from sales, nonstate funds, and in-kind contributions must be 
 deposited in a dedicated account.  

    Money in the account is appropriated to the treasurer for 
 purposes of the program.  Any profit earned on the sale of the 
 medallions must be used for grants to support the event for 
 which the medallions were issued.  The state grant must be 
 matched by an equal amount from private sources. 

    HIST: 1991 c 345 art 1 s 41