Chapter 475A — Municipal Debt Service Aid Law
Minnesota Statutes Chapter 475A — Municipal Debt Service Aid Law
475A.01
Citation
Names this the Municipal Debt Service Aid Law.
475A.02
Definitions
Defines terms for the Municipal Debt Service Aid Law.
475A.03
Guaranteed Bonds; Application
Lets municipalities issue state-guaranteed bonds for capital improvements.
475A.04
Debt Service Deficiency Loans
Provides state loans when municipalities cannot pay guaranteed bond debt.
475A.05
Municipal Bond Guaranty Fund
Creates the municipal bond guaranty fund to back guaranteed bonds.
475A.06
Minnesota State Municipal Aid Bonds
Authorizes state bonds to fund the municipal bond guaranty program.