{"data":{"id":"us-mn/minn.-stat.-273.40","jurisdiction":"us-mn","citation":"Minn. Stat. § 273.40","heading":"ANNUAL TAX ON COOPERATIVE ASSOCIATIONS.","body":"Cooperative associations organized under the provisions of Laws 1923, chapter 326, and laws amendatory thereof and laws supplemental thereto, and engaged in electrical heat, light, or power business upon a mutual, nonprofit, and cooperative plan in rural areas, as hereinafter defined, are hereby recognized as quasi-public in their nature and purposes; but such cooperative associations, which operate within the corporate limits of any city shall have a tax capacity of the market value of that portion of its property located within the corporate limits of any city as provided for in section 273.13, subdivisions 24 and 31.","path":["PROPERTY TAXES","CHAPTER 273. TAXES; LISTING, ASSESSMENT"],"source_url":"https://www.revisor.mn.gov/statutes/cite/273.40","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:39Z","sha256":"bb9dfbc8e18385997d159c973f5e2c54b85a071ce5e8238032967d2f8b857069","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-273.39","next":"us-mn/minn.-stat.-273.41"},"notice":"GroundRules: Original legal text. Not legal advice."}