OBLIGATIONS OF PUBLIC CORPORATIONS.
Applied in 1 court decision — leading case Pirkov-Middaugh Ex Rel. Middaugh v. Gillette Children's Hospital (1992)
Most recently applied in Pirkov-Middaugh Ex Rel. Middaugh v. Gillette Children's Hospital (March 1992)
1990 c 594 art 1 s 41
Notwithstanding any other law, the state is not liable for obligations of a public corporation created by statute. Upon dissolution of the public corporation, its wholly owned assets become state property. Partially owned assets become state property to the extent that state money was used to acquire them.
This section does not apply to a public corporation governed by chapter 119.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.