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     287.035 Imposition of tax. 


    A tax of 23 cents is imposed upon each $100, or fraction 
 thereof, of the debt or portion of a debt that is secured by any 
 recorded mortgage of real property located in this state.  The 
 person liable for the tax is the mortgagee.  The tax is not 
 imposed on the lawful interest amounts that may accrue with 
 respect to a debt. 


    HIST: 1999 c 31 s 3

Official Publication of the State of Minnesota
Revisor of Statutes