Minnesota Statutes > Chapter 427 > § 427.04 Minnesota Statutes 427.04 – Failure to Designate Current as of: 2023 | Check for updates | Other versions The failure of the council of any city to designate depositories, as provided in sections 427.02 to 427.07, shall not exempt or relieve the treasurer of the city or the sureties on the treasurer’s official bond from any liability. Previous sectionNext section Chapter 427 Contents