Skip to main content Skip to office menu Skip to footer
Minnesota Legislature

Office of the Revisor of Statutes

273.40 ANNUAL TAX ON COOPERATIVE ASSOCIATIONS.
Cooperative associations organized under the provisions of Laws 1923, chapter 326, and
laws amendatory thereof and laws supplemental thereto, and engaged in electrical heat, light,
or power business upon a mutual, nonprofit, and cooperative plan in rural areas, as hereinafter
defined, are hereby recognized as quasi-public in their nature and purposes; but such cooperative
associations, which operate within the corporate limits of any city shall have a tax capacity of
the market value of that portion of its property located within the corporate limits of any city as
provided for in section 273.13, subdivisions 24 and 31.
History: (2012-4) 1939 c 303 s 1; 1943 c 643 s 2; 1971 c 427 s 21; 1973 c 123 art 5 s 7;
1Sp1981 c 1 art 8 s 8; 1988 c 719 art 5 s 29