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.
(1329) 1907 c 17 s 3; 1986 c 444
Structure Minnesota Statutes
Chapters 426 - 435 — Municipal Finance, Taxation, Special Assessments
Chapter 427 — Depositories, City And Statutory City Funds
Section 427.01 — Deposit Of Public Funds.
Section 427.02 — Depositories.
Section 427.03 — Duty Of Treasurer; Exemption From Liability.
Section 427.04 — Failure To Designate.
Section 427.05 — Duty Of Council; Interest.
Section 427.06 — Money, How Deposited; Checks, How Drawn.
Section 427.07 — Withdrawal Of Funds.
Section 427.09 — Failure To Designate Depository.
Section 427.10 — Treasurer, Liability.