Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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
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
Official Publication of the State of Minnesota
Revisor of Statutes