Minnesota § 375.25 - COUNTY BONDS MAY BE BOUGHT BY FUNDS IN TREASURY; RESALE
Full text of Minnesota Minnesota Statutes § 375.25 — COUNTY BONDS MAY BE BOUGHT BY FUNDS IN TREASURY; RESALE, with citation guidance and answers to common questions.
§ 375.25. COUNTY BONDS MAY BE BOUGHT BY FUNDS IN TREASURY; RESALE
When a fund in the treasury of a county having not more than 50,000 population is of a size that, in the opinion of the county board, it will not be necessary to be spent for the purpose for which it was paid in within the next two years the board may authorize the auditor and treasurer of the county to purchase out of the fund any outstanding bonds of the county at not more than their face value and accrued interest to the date of purchase. The bonds shall be kept by the treasurer as an asset of the fund. The bonds may again be sold by the board at not less than their face value when, in its judgment, it is necessary to replenish the fund out of which they were purchased.
History:
(669-1, 669-2) 1907 c 214 s 1,2; 1984 c 629 s 2
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 375.25
What does Minnesota Statutes § 375.25 cover?
Section 375.25 ("COUNTY BONDS MAY BE BOUGHT BY FUNDS IN TREASURY; RESALE") 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 § 375.25?
A common citation format is "Minnesota Statutes § 375.25" (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 § 375.25 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.