2016 Minnesota Statutes
Chapters 474 - 477A — PUBLIC DEBT; LOCAL GOVERNMENT AID
Chapter 475A — MUNICIPAL DEBT SERVICE AID
Section 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
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