Minnesota § 412.371 - SEPARATE CITY FUND FOR EACH UTILITY
Full text of Minnesota Minnesota Statutes § 412.371 — SEPARATE CITY FUND FOR EACH UTILITY, with citation guidance and answers to common questions.
§ 412.371. SEPARATE CITY FUND FOR EACH UTILITY
Subdivision 1.For all utility money in and out.
A separate fund or a separate account shall be established in the city treasury for each utility. Into this fund or account shall be paid all the receipts from the utility and from it shall be paid all disbursements attributable to the utility.
Subd. 2.Must audit like city.
The commission shall, in the same manner as the council under section 412.271, subdivision 1, and to the same extent, audit claims to be paid from the public utilities fund. The secretary of the commission shall draw an order upon the treasurer for the proper amount allowed by the commission.
Subd. 3.Checks paid like city.
Upon counter signature by the president of the commission and presentation orders shall be paid by the treasurer.
History:
1949 c 119 s 47; 1973 c 123 art 2 s 1 subd 2; 1986 c 444
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 412.371
What does Minnesota Statutes § 412.371 cover?
Section 412.371 ("SEPARATE CITY FUND FOR EACH UTILITY") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 412.371?
A common citation format is "Minnesota Statutes § 412.371" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 412.371 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.