2004 Minnesota Statutes

     116J.989 Powers. 

    Subdivision 1.    Contracts.  The board may enter into 
 contracts and grant agreements necessary to carry out its 
 responsibilities. 

    Subd. 2.    Gifts; grants.  The board may apply for, 
 accept, and disburse gifts, grants, or other property from the 
 United States, the state, private foundations, or any other 
 source.  It may enter into an agreement required for the gifts 
 or grants and may hold, use, and dispose of its assets in 
 accordance with the terms of the gift, grant, or agreement.  
 Money received by the board under this subdivision must be 
 deposited in the state treasury.  The amount deposited is 
 appropriated to the board to carry out its duties. 

    HIST: 1993 c 369 s 52