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Minnesota Statutes Public Debt; Local Government Aid (Ch. 474-477A) § 475A.02. Definitions

Current as of January 01, 2023 | Updated by FindLaw Staff

Subdivision 1. Terms. Except as provided in this section the terms contained in sections 475A.01 to 475A.06 shall have the meanings given them by section 475.51.

Subd. 2. Municipality. “Municipality” means any city, town, county, school district or any political subdivision of the state which has the authority to issue general obligations.

Subd. 3. Guaranteed bond. “Guaranteed bond” means a general obligation bond of a municipality including a statement approved by the commissioner of management and budget as provided in section 475A.03.

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Cite this article: FindLaw.com - Minnesota Statutes Public Debt; Local Government Aid (Ch. 474-477A) § 475A.02. Definitions - last updated January 01, 2023 | https://codes.findlaw.com/mn/public-debt-local-government-aid-ch-474-477a/mn-st-sect-475a-02/

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