as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:13am
A bill for an act
relating to economic development; authorizing the economic development
authority to become a member of a limited liability company; amending
Minnesota Statutes 2008, section 469.101, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2008, section 469.101, subdivision 6, is amended to read:
The economic development authority may be a limited
partner in a partnership new text begin or a member in a limited liability company new text end whose purpose is
consistent with the authority's purpose.