Minnesota § 94.31 - COUNTIES ASSUMING BONDS OF TOWNS OR SCHOOL DISTRICTS IN REFORESTATION AREA
Full text of Minnesota Minnesota Statutes § 94.31 — COUNTIES ASSUMING BONDS OF TOWNS OR SCHOOL DISTRICTS IN REFORESTATION AREA, with citation guidance and answers to common questions.
§ 94.31. COUNTIES ASSUMING BONDS OF TOWNS OR SCHOOL DISTRICTS IN REFORESTATION AREA
Any county wherein a state reforestation or flood control project or other public state purposes, as created by sections 84A.20 to 84A.30, is located may voluntarily assume the obligation to pay the same ratio or proportion of the principal and interest of bonds now outstanding issued before the approval and acceptance of the project by any school district or town situated in the county lying wholly or partly within the project as the last assessed valuation prior to the acceptance of the project of lands acquired by the state pursuant to sections 84A.20 to 84A.30 on July 1, 1936, bears to the total assessed valuation for the same year of the school district or town, this assumption to be evidenced by the adoption of a resolution by the county board of the county authorizing the issuance of bonds for such purpose or otherwise providing for the payment of the principal and interest of the school or town bonds assumed.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 94.31
What does Minnesota Statutes § 94.31 cover?
Section 94.31 ("COUNTIES ASSUMING BONDS OF TOWNS OR SCHOOL DISTRICTS IN REFORESTATION AREA") 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 § 94.31?
A common citation format is "Minnesota Statutes § 94.31" (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 § 94.31 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.