2025 Session
Last amended: 2009 session
§ 475A.02 — Definitions
Plain-Language Summary
Defines terms for the Municipal Debt Service Aid Law.
475A.02 DEFINITIONS.
§
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.
History:
1971 c 856 s 2; Ex1971 c 46 s 2; 1973 c 123 art 5 s 7; 1973 c 492 s 14; 2009 c 101 art 2 s 109
History: History: 1971 c 856 s 2; Ex1971 c 46 s 2; 1973 c 123 art 5 s 7; 1973 c 492 s 14; 2009 c 101 art 2 s 109
Practical Notes
Terms from chapter 475 apply unless this section says otherwise.