When payment has been made of all indebtedness incurred by such corporation or of all funds spent by the corporation incident to the procurement, erection, equipment, and operation of any armory built under the provisions of sections 193.141 to 193.149, including the payment in full of the principal and interest of all bonds issued by such corporation to cover the cost of such armory or the full repayment of any commission funds expended for the construction of such armory, such corporation shall transfer and convey such armory building and the site thereof to the state of Minnesota, for military purposes, to be administered as are other state-owned armories.
Any unencumbered balance then held by the commission accruing to such armory shall be retained to be applied to the future maintenance, repair, and equipment of armories.
1947 c 133 s 8; 1997 c 24 s 25; 1Sp2001 c 10 art 2 s 67
Structure Minnesota Statutes
Chapters 190 - 195 — Military Affairs
Section 193.139 — Definitions.
Section 193.141 — Construction Of Armories.
Section 193.142 — Minnesota State Armory Building Commission.
Section 193.143 — State Armory Building Commission, Powers.
Section 193.145 — Funds For Construction Of Armory; Tax Levy.
Section 193.146 — Issuance Of Bonds.
Section 193.148 — Conveyance To State.
Section 193.149 — Examination By Legislative Auditor.
Section 193.22 — Joint Armories And Municipal Buildings.
Section 193.27 — Disposition Of Unused Funds.
Section 193.29 — Control Of New Armory.
Section 193.30 — Management Of Armory Board.
Section 193.31 — Control Of Drill Hall.
Section 193.331 — Liquor In Armories; Penalty.
Section 193.34 — Use Of Armories By Patriotic And Service Member's Organizations.
Section 193.36 — Unused Armories.
Section 193.37 — Counties Containing City Of First Class; Application.