Minn. Const. art. XI, § 12
- Constitution
- Constitution of Minnesota
- Text as of
- October 2026
What does this section say?
The legislature shall not authorize any county, township or municipal corporation to become indebted to aid in the construction or equipment of railroads to any amount that exceeds five percent of the value of the taxable property within that county, township or municipal corporation. The amount of taxable property shall be determined by the last assessment previous to the incurring of the indebtedness.
The text is copied from the official source: www.revisor.mn.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.