An attorney-at-law performing services as bond counsel for the state, a state agency, or a political subdivision of the state shall be paid a fair and reasonable attorney's fee, based on the following factors:
(1) the time and labor required;
(2) the experience and knowledge of the attorney;
(3) the complexity and novelty of problems involved;
(4) the extent of the responsibilities assumed and the results obtained; and
(5) the sufficiency of assets properly available to pay for the services.
The fee must not be based primarily on a percentage of the amount of the bonds or obligations sold.
1994 c 533 s 1
Structure Minnesota Statutes
Chapters 480 - 494 — Judiciary
Chapter 481 — Attorneys-at-law
Section 481.01 — Board Of Law Examiners; Examinations; Alternative Dispute Fees.
Section 481.02 — Unauthorized Practice Of Law.
Section 481.03 — Attorneys Shall Not Employ Solicitors.
Section 481.04 — Soliciting Of Business By Persons Other Than Attorneys; Prohibition.
Section 481.05 — Violations; Penalties.
Section 481.06 — General Duties.
Section 481.07 — Penalties For Deceit Or Collusion.
Section 481.071 — Misconduct By Attorneys.
Section 481.09 — Proof Of Authority.
Section 481.10 — Consultation With Persons Restrained.
Section 481.11 — Change Of Attorney.
Section 481.12 — Disability; Substitution.
Section 481.13 — Lien For Attorneys' Fees.
Section 481.14 — Refusal To Surrender Property To Clients.
Section 481.15 — Removal Or Suspension.
Section 481.16 — Certain Attorneys Not To Defend Certain Prosecutions; Penalty.
Section 481.17 — County, City, And School District Attorneys.
Section 481.20 — Client Security Account.