Subdivision 1. Conditions of redemption. If the holder of a certificate of sale of state land sold before January 6, 1934, forfeits rights for failure to pay the interest due under the certificate, the holder may redeem the rights as follows. Before resale at public auction of the lands described in the certificate, the holder shall pay the commissioner of management and budget the amount of interest then due and payable on the certificate, with interest at four percent from the time when it became due. The payment is a redemption of the rights of the certificate holder, and the certificate is reinstated, if the following conditions are met:
(1) If the default in payment occurred before July 1, 1941, the amount required for redemption must be paid not later than December 31, 1941.
(2) If the default in payment occurred on or after July 1, 1941, the amount required for redemption must be paid within six months after the default.
(3) If the time for payment of the principal specified in the certificate has expired but an extension of time by law has not expired, the amount due on the principal with interest and all other sums due the state on the land must be paid. After payment, a patent for the land must be issued to the certificate holder as provided by law.
(4) No redemption is permitted if the time for payment of the principal as specified in the certificate and its lawful extensions have expired, or if the certificate of sale has been absolutely terminated and made void without right of redemption under any prior or existing law, or if the land has become absolutely forfeited to the state for delinquent taxes.
(5) This section does not affect any proceedings for the resale of state public land unless redemption is made before sale of the land to an actual purchaser.
Subd. 2. Certificate void when land not redeemed. If a certificate of sale of state public land sold before January 6, 1934, is canceled after default by reappraisal and reoffer of the land for sale, and the default is not redeemed and the certificate reinstated as provided by this section, the certificate is absolutely canceled and void, and all right, title, and interest of the purchaser or heirs, representatives, or assigns of the purchaser, in the land terminate without further act of the state. This subdivision does not preclude any other method of termination prescribed by law.
(6291) RL s 2426; Ex1933 c 39 s 2; 1939 c 353 s 1; 1941 c 374 s 5; 1985 c 265 art 3 s 1; 1986 c 444; 2003 c 112 art 2 s 50; 2009 c 101 art 2 s 109
Structure Minnesota Statutes
Chapters 92 - 94 — Lands And Minerals
Chapter 92 — State Lands; Sales; Investment Of Proceeds
Section 92.01 — State Public Lands Or State Lands.
Section 92.025 — School Trust Land Definition.
Section 92.03 — Minimum Price Of Lands.
Section 92.04 — Minimum Price Of Certain State Lands.
Section 92.06 — Payments; Interest.
Section 92.07 — Sales By Subdivisions.
Section 92.08 — Surveys And Resurveys.
Section 92.10 — Maps And Plats.
Section 92.115 — Valuation Of State Lands; Minimum Bid.
Section 92.12 — Appraisal Of School And Other State Lands.
Section 92.122 — Compensating Permanent School Fund.
Section 92.13 — State Lands; Date Of Sale.
Section 92.145 — Unsold Lands.
Section 92.16 — Certificate Of Sale.
Section 92.163 — Extension For Payment On State Land Certificates.
Section 92.165 — Certificate Of Release.
Section 92.17 — Effect Of Certificate; Record.
Section 92.18 — Divided Certificates.
Section 92.19 — Assignment; Extensions Of Payment.
Section 92.20 — Void Sales; Refund.
Section 92.21 — Redemption Of Forfeited State Lands.
Section 92.211 — Time Of Payment Extended.
Section 92.212 — Certain Lands Presumed Abandoned.
Section 92.213 — Limitation Of Actions.
Section 92.214 — Certificates Deemed Canceled In Certain Cases.
Section 92.215 — Taxes Canceled.
Section 92.23 — Payments; Receipts.
Section 92.24 — Money Paid To Commissioner Of Management And Budget.
Section 92.26 — Statement Of Sales.
Section 92.27 — Commissioner's Report On Close Of Sale.
Section 92.28 — Proceeds Of Sales; Distribution.
Section 92.30 — State To Sell Certain Lands.
Section 92.31 — State May Exchange Land.
Section 92.32 — Governor To Execute Conveyances.
Section 92.321 — Sale For Forestry Purposes.
Section 92.34 — County Land Classification Committee.
Section 92.35 — Duties And Powers.
Section 92.36 — Lands Classified.
Section 92.37 — Report To Legislature.
Section 92.45 — State Land On Meandered Lakes Withdrawn From Sale.
Section 92.46 — Lands As Campgrounds.
Section 92.50 — Unsold Lands Subject To Sale May Be Leased.
Section 92.501 — Leasing Lands To Farm Wild Rice.
Section 92.502 — Leasing Tax-forfeited And State Lands.
Section 92.503 — Conservation Planning Leases.
Section 92.51 — Taxation; Redemption; Special Certificate.
Section 92.685 — Land Management Account.
Section 92.69 — Endowment Account.
Section 92.70 — Land Use Trespass.
Section 92.71 — Direct Sale To Department Employee Prohibited.