162.16 MS 1949 [Repealed, 1951 c 192 s 1] 162.16 INVESTMENT OF MONEY IN STATE-AID FUNDS.
Upon the request of the commissioner, money in the county state-aid highway fund and money in the municipal state-aid street fund shall be invested by the State Board of Investment in those securities authorized for such purpose in section 11A.21. All interest and profits from the investments shall be credited to the fund on which the interest or profits are earned. The commissioner of management and budget shall be the custodian of all securities purchased under the provisions of this section.
1959 c 500 art 3 s 16; 1963 c 567 s 5; 1965 c 113 s 2; 1967 c 404 s 6; 1980 c 607 art 14 s 46; 2003 c 112 art 2 s 50; 2009 c 101 art 2 s 109
Structure Minnesota Statutes
Chapters 160 - 174A — Transportation
Chapter 162 — State-aid Road Systems
Section 162.02 — County State-aid Highway System.
Section 162.021 — Natural Preservation Routes.
Section 162.03 — Establishment Along Common Boundary Lines.
Section 162.031 — Construction Across Another County Or State.
Section 162.04 — Limitation On Payment Of Contract Price.
Section 162.05 — Payment Into County State-aid Highway Fund.
Section 162.06 — Accruals To County State-aid Highway Fund; Accounts.
Section 162.07 — Apportionment Of Money To Counties.
Section 162.08 — Allocation Of Apportionments.
Section 162.081 — Town Road Account.
Section 162.09 — Municipal State-aid Street System.
Section 162.091 — Construction Across Another Municipality Or State.
Section 162.10 — Limitation On Payment Of Contract Price.
Section 162.11 — Percentage Paid To Municipal State-aid Street Fund.
Section 162.12 — Accruals To Municipal State-aid Street Fund; Accounts.
Section 162.13 — Formula For Apportionment To Cities.
Section 162.14 — Apportionment To Cities.
Section 162.145 — Small Cities Assistance.
Section 162.15 — Administrative Costs.
Section 162.152 — Rules; Advisory Committee.
Section 162.16 — Investment Of Money In State-aid Funds.
Section 162.17 — Agreements Between County And City.