2005 Minnesota Statutes - 136A.1311 — Cash flow.

     136A.1311 Cash flow. 


    The Higher Education Services Office may ask the 
 commissioner of finance to lend general fund money to the grant 
 account to ease cash flow difficulties.  The higher education 
 services office must first certify to the commissioner that 
 there will be adequate refunds to the account to repay the 
 loan.  The commissioner shall use the refunds to make repayment 
 to the general fund of the full amount loaned.  Money necessary 
 to meet cash flow difficulties in the state grant program is 
 appropriated to the commissioner of finance for loans to the 
 Higher Education Services Office. 


    HIST: 1991 c 356 art 8 s 14; 1995 c 212 art 3 s 59