Chapter 85B — Organization

85B.01 Purpose States the purpose of educating the public about preserving large freshwater lakes. 85B.02 Organization Creates the Lake Superior Center Authority as a public corporation. 85B.03 Powers Gives the Lake Superior Center Authority its business powers. 85B.04 Employees Says employees of authority contractors are not state employees. 85B.05 Accounts; Audits Requires annual audits of the Lake Superior Center Authority. 85B.06 Annual Report Sets rules for the authority's accounting and investment. 85B.07 Property Tax Exemption Limits the authority's liability and restricts pledge of state credit. 85B.08 Dissolution Exempts authority property from state and local taxes.