Minnesota Session Laws - 1993, Regular Session

  
    Laws of Minnesota 1993 

                         CHAPTER 18-H.F.No. 159 
           An act relating to education; extending the time for 
          school districts receiving capital loans prior to 
          April 1, 1993, to enter into construction contracts. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  [CAPITAL LOAN CONTRACT DEADLINE EXTENSION.] 
    Notwithstanding Minnesota Statutes 1992, section 124.431, 
subdivision 1, for capital loans granted prior to April 1, 1993, 
contracts must be entered into within 30 months after the date 
on which the loan is granted. 
    Sec. 2.  [EFFECTIVE DATE.] 
    Section 1 is effective retroactive to July 1, 1992. 
    Presented to the governor April 7, 1993 
    Signed by the governor April 7, 1993, 3:24 p.m.