Subdivision 1. Appropriation. In addition to all sums which have been or may hereafter be appropriated by any
law, the net proceeds of sale of any state school loan bonds authorized to be issued
under section 126C.72, and all income received from the investment of said net proceeds is hereby appropriated
to the school loan bond account in the state bond fund.
Subd. 2. Remaining money. Any amounts remaining in the fund on July 1, including any unused portion of the
appropriation made in subdivision 1, must be available for use by the commissioner
in making further debt service loans and capital loans.
Subd. 3. Payments. All payments on capital loan contracts, as received by the commissioner, are appropriated
to the loan repayment account.
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