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Minnesota Legislature

Office of the Revisor of Statutes

16A.673 CERTIFICATES OF INDEBTEDNESS ISSUED BY STATE, NEGOTIABILITY.
Certificates of indebtedness and interest coupons appurtenant thereto, heretofore or hereafter
issued by the state of Minnesota in anticipation of the collection of taxes and payable as to
principal and interest exclusively from the proceeds of such taxes, shall be negotiable instruments
within the meaning and for all purposes of the Uniform Commercial Code, notwithstanding that
they may be payable from a particular fund.
History: 1959 c 1 s 1; 1965 c 812 s 27