Minnesota § 365.47 - COUNTY'S DISPOSAL OF TOWN'S FUNDS; DEBT LEVY
Full text of Minnesota Minnesota Statutes § 365.47 — COUNTY'S DISPOSAL OF TOWN'S FUNDS; DEBT LEVY, with citation guidance and answers to common questions.
§ 365.47. COUNTY'S DISPOSAL OF TOWN'S FUNDS; DEBT LEVY
Subdivision 1.This section controls.
A dissolved town's money that remains in or comes into the county treasury must be disposed of under this section.
Subd. 2.Road and bridge.
Money in the road and bridge fund must be spent by the county board for road and bridge improvements wholly within the town.
Subd. 3.Remainder for debt.
The county auditor shall use all other town money to pay all outstanding bonds, warrants, and judgments against the town.
Subd. 4.If short, levy, bond.
If the county does not have enough town money to pay the holders for the outstanding bonds, warrants, and judgments, then the holders may petition the county auditor for a levy. The county auditor shall spread enough of a tax levy against the taxable property of the town to pay the holders off. The levy must not be more than the maximum amount that the town could levy to pay those debts if it were not dissolved. If one levy does not raise enough money to pay off the bonds, warrants, and judgments, the county auditor shall spread annual levies to pay them off. The levies must be for the maximum amount that the town could levy for the purpose if it were not dissolved. The levy must be made until the warrants, bonds, and judgments are paid in full, unless bonds are issued for them under section 365.48.
History:
(1002-11) 1931 c 96 s 3; 1987 c 229 art 8 s 1
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 365.47
What does Minnesota Statutes § 365.47 cover?
Section 365.47 ("COUNTY'S DISPOSAL OF TOWN'S FUNDS; DEBT LEVY") 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 § 365.47?
A common citation format is "Minnesota Statutes § 365.47" (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 § 365.47 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.