2002 Minnesota Statutes

     16A.53 Bookkeeping accounts. 

    Subdivision 1.    Fund creates accounts.  When a law 
 creates a fund in the treasury into which are deposited certain 
 revenues and out of which certain expenditures are appropriated, 
 the commissioner may consider the creation of the fund as the 
 creation of a bookkeeping account in the state's general books 
 of account so as to reflect the revenues deposited in the 
 treasury and credited to the account and the expenditures 
 appropriated from the treasury and charged to the account.  

    Subd. 2.    Exception.  Subdivision 1 does not apply to 
 a fund created by the constitution or to a fund required to be 
 created in the treasury by federal law. 

    HIST: 1959 c 30 s 2; 1973 c 492 s 14; 1984 c 628 art 2 s 1