# Minn. Stat. § 360.017: STATE AIRPORTS FUND

> Minnesota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.017

## Section

- **Citation:** Minn. Stat. § 360.017
- **Heading:** STATE AIRPORTS FUND
- **Jurisdiction:** Minnesota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MN Code / Part 360_362 / Chapter 360 / Section 360.017

## Text

§ Subdivision 1. Creation; authorized disbursements. (a) There is hereby created a fund to be known as the state airports fund. The fund shall consist of all money appropriated to it, or directed to be paid into it, by the legislature. (b) The state airports fund shall be paid out on authorization of the commissioner and shall be used: (1) to acquire, construct, improve, maintain, and operate airports and other air navigation facilities; (2) to assist municipalities in the planning, acquisition, construction, improvement, and maintenance of airports and other air navigation facilities; (3) to assist municipalities to initiate, enhance, and market scheduled air service at their airports; (4) to promote interest and safety in aeronautics through education and information; and (5) to pay the salaries and expenses of the Department of Transportation related to aeronautic planning, administration, and operation. All allotments of money from the state airports fund for salaries and expenses shall be approved by the commissioner of management and budget.

§ Subd. 2. Investment. Upon request of the commissioner, money in the state airports fund shall be invested by the State Board of Investment in the class of securities specified in section 11A.25 and acts amendatory thereto, except the bonds of any school district, county, city or town of this state. All interest and profits from such investments shall be credited to the state airports fund. The commissioner of management and budget shall be custodian of all securities purchased under the provisions of this section.

## Nearby sections

- [Minn. Stat. § 360.011 § 360.011 DECLARATION OF PURPOSE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.011.md)
- [Minn. Stat. § 360.012 § 360.012 SOVEREIGNTY; LIABILITY; EFFECT OF OTHER LAW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.012.md)
- [Minn. Stat. § 360.013 § 360.013 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.013.md)
- [Minn. Stat. § 360.015 § 360.015 COMMISSIONER; POWERS AND DUTIES.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.015.md)
- [Minn. Stat. § 360.016 § 360.016 FEDERAL AID.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.016.md)
- [Minn. Stat. § 360.017 § 360.017 STATE AIRPORTS FUND.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.017.md)
- [Minn. Stat. § 360.018 § 360.018 REGULATING AIRCRAFT, AIRMEN, AIRPORTS, INSTRUCTORS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.018.md)
- [Minn. Stat. § 360.019 § 360.019 ORDER OF COMMISSIONER; REVIEW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.019.md)
- [Minn. Stat. § 360.021 § 360.021 STATE AIRPORT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.021.md)
- [Minn. Stat. § 360.022 § 360.022 MISDEMEANOR.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.022.md)
- [Minn. Stat. § 360.023 § 360.023 TRANSFER OF AIR NAVIGATION FACILITY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.023.md)
- [Minn. Stat. § 360.024 § 360.024 AIR TRANSPORTATION SERVICE CHARGE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.024.md)
- [Minn. Stat. § 360.031 § 360.031 DEFINITION OF MUNICIPALITY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.031.md)
- [Minn. Stat. § 360.032 § 360.032 MUNICIPALITY MAY ACQUIRE AIRPORT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.032.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MN_P360_362_C360_S360.017. Check the current official text before relying on it. Not legal advice.