94.16 Disposition of proceeds from surplus state-owned land.
Subdivision 1. Payment of expenses. Money received from the sale of surplus state-owned land shall be credited to the general fund except as provided in this section.
Subd. 2. Payment of expenses. A portion of the proceeds from the sale equal in amount to the survey, appraisal, legal, advertising, and other expenses incurred by the commissioner of administration or other state official in rendering the property salable shall be remitted to the account from which the expenses were paid, and are appropriated and immediately available for expenditure in the same manner as other money in the account.
Subd. 3. Proceeds from natural resources land. The remainder of the proceeds from the sale of lands that were under the control and supervision of the commissioner of natural resources shall be credited to the land acquisition account in the natural resources fund.
Official Publication of the State of Minnesota
Revisor of Statutes