Other Minnesota State and Local Government sites | Employment Opportunities | Home

Minnesota law requires local units of government to obtain a broker’s certification before transacting business with a broker. Each year, the broker must acknowledge in writing the receipt of a statement of investment restrictions and must agree to handle the government entity’s account in accordance with those restrictions. The law prohibits a government entity from entering into a transaction with a broker until the broker provides the entity with the required certification.

For more information and links to broker certification forms for local governments and relief associations, go to:


Date this Avoiding Pitfall was most recently published: 03/10/2017

Privacy Policy | Accessibility Information | © 2019 Office of the Minnesota State Auditor