Minnesota § 386.78 - SECURITY DEPOSITS
Full text of Minnesota Minnesota Statutes § 386.78 — SECURITY DEPOSITS, with citation guidance and answers to common questions.
§ 386.78. SECURITY DEPOSITS
The county recorder in each county may accept security deposits to guarantee payment of charges. The county recorder shall deposit any accepted security deposit in a security fund with the county treasurer. The county treasurer may invest said funds and the income therefrom shall be deposited in the general fund of the county.
The county recorder shall extend credit to any person who has made such deposit up to the amount of the deposit.
Any person may withdraw any such deposit provided that any unpaid items shall first be deducted therefrom, except that the county recorder may require a reasonable minimum deposit be maintained based on anticipated monthly charges of the depositor.
History:
1969 c 802 s 1; 1976 c 181 s 2; 1999 c 69 s 1; 2004 c 274 s 2
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 386.78
What does Minnesota Statutes § 386.78 cover?
Section 386.78 ("SECURITY DEPOSITS") 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 § 386.78?
A common citation format is "Minnesota Statutes § 386.78" (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 § 386.78 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.