Section 424B.07 — Dissolution Of Prior General Fund Balances.
424B.07 DISSOLUTION OF PRIOR GENERAL FUND BALANCES. Before the effective date of consolidation, the secretaries of the volunteer firefighters relief associations shall settle any accounts payable from the respective general fund or any other relief association fund in addition to the relief association special fund. Investments held by a fund of the prior relief associations […]
Section 424B.08 — Termination Of Prior Relief Associations.
424B.08 TERMINATION OF PRIOR RELIEF ASSOCIATIONS. Following the transfer of administration, records, special fund assets, and special fund liabilities from the prior relief associations to the subsequent volunteer firefighters relief association, the prior volunteer firefighters relief associations cease to exist as legal entities for any purpose. The subsequent relief association secretary shall notify the following […]
Section 424B.09 — Administrative Expenses.
424B.09 ADMINISTRATIVE EXPENSES. The payment of authorized administrative expenses of the subsequent volunteer firefighters relief association must be from the special fund of the subsequent volunteer firefighters relief association in accordance with section 424A.05, subdivision 3b, and as provided for in the bylaws of the subsequent volunteer firefighters relief association and approved by the board […]
Section 424B.001 — Application Of Chapter 424a.
424B.001 APPLICATION OF CHAPTER 424A. This chapter must be read in conjunction with chapter 424A. For the purposes of this chapter, the definitions and other provisions of chapter 424A apply where not inconsistent with this chapter. History: 2021 c 22 art 10 s 6
Section 424B.01 — Definitions.
424B.01 DEFINITIONS. Subdivision 1. Generally. Unless the context of the provision indicates that a different meaning is intended, each of the terms in the following subdivisions has the meaning indicated. Subd. 2. Applicable municipality. “Applicable municipality” means the municipality or municipalities in which a consolidating relief association is located and to which a consolidating relief […]