2005 Minnesota Statutes

     123B.025 School sponsorship and advertising revenue. 

    Subdivision 1.    Board authority; contracts.  A school 
 board may enter into a contract with advertisers, sponsors, or 
 others regarding advertising and naming rights to school 
 facilities under the general charge of the district.  A contract 
 authorized under this section must be approved by the school 
 board.  The powers granted to a school board under this section 
 are in addition to any other authority the school district may 
 have. 

    Subd. 2.    Authorized agreements.  A school district 
 may enter into a contract to: 

    (1) lease the naming rights for school facilities, 
 including school buildings, ice arenas, and stadiums; 

    (2) sell advertising on or in the facilities listed in 
 clause (1); and 

    (3) otherwise enter into an agreement with a sponsoring 
 agent. 

    Subd. 3.    Revenue uses.  Revenue generated under this 
 section must be used according to a plan specified by the school 
 board. 

    HIST: 1Sp2003 c 9 art 2 s 12