Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
11A.075 DISCLOSURE OF EXPENSE REIMBURSEMENT.
(a) A member or employee of the state board must annually disclose expenses paid for or
reimbursed by: (1) each investment advisor, consultant, or outside money manager under contract
to the state board; (2) each investment advisor, consultant, or outside money manager that has
bid on a contract offered by the state board during that year; and (3) each business, including
officers or employees of the business, in which the state board has invested money under the
board's control during the annual reporting period. The disclosure requirement of this paragraph
does not apply to expenses or reimbursements from an investment advisor, consultant, money
manager or business if the board member or employee received less than $50 during the annual
reporting period from that person or entity.
(b) For purposes of this section, expenses include payments or reimbursements for meals,
entertainment, transportation, lodging, and seminars.
(c) The disclosure required by this section must be filed with the Campaign Finance and
Public Disclosure Board by April 15 each year. Each disclosure report must cover the previous
calendar year. The statement must be on a form provided by the Campaign Finance and Public
Disclosure Board. An individual who fails to file the form required by this section or who files
false information, is subject to penalties specified in sections 10A.09 and 10A.025, subdivision 2.
History: 1993 c 192 s 37; 1997 c 202 art 2 s 63; 1999 c 220 s 50
(a) A member or employee of the state board must annually disclose expenses paid for or
reimbursed by: (1) each investment advisor, consultant, or outside money manager under contract
to the state board; (2) each investment advisor, consultant, or outside money manager that has
bid on a contract offered by the state board during that year; and (3) each business, including
officers or employees of the business, in which the state board has invested money under the
board's control during the annual reporting period. The disclosure requirement of this paragraph
does not apply to expenses or reimbursements from an investment advisor, consultant, money
manager or business if the board member or employee received less than $50 during the annual
reporting period from that person or entity.
(b) For purposes of this section, expenses include payments or reimbursements for meals,
entertainment, transportation, lodging, and seminars.
(c) The disclosure required by this section must be filed with the Campaign Finance and
Public Disclosure Board by April 15 each year. Each disclosure report must cover the previous
calendar year. The statement must be on a form provided by the Campaign Finance and Public
Disclosure Board. An individual who fails to file the form required by this section or who files
false information, is subject to penalties specified in sections 10A.09 and 10A.025, subdivision 2.
History: 1993 c 192 s 37; 1997 c 202 art 2 s 63; 1999 c 220 s 50
Official Publication of the State of Minnesota
Revisor of Statutes