The failure of the council of any city to designate depositories, as provided in sections 427.02 to 427.07 , shall not exempt or relieve the treasurer of the city or the sureties on the treasurer's official bond from any liability.
Minn. Stat. § 427.04
FAILURE TO DESIGNATE.
(1329) 1907 c 17 s 3; 1986 c 444
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.