Minnesota Administrative Rules

7606.0010 AUTHORITY AND PURPOSE.

Subpart 1.

Authority.

Minnesota Statutes, section 216C.09, paragraph (a), clause (13), requires the commissioner of the Department of Commerce to adopt rules for the purpose of dispensing loans, grants, or other financial aid from money received from litigation or settlement of alleged violations of federal petroleum-pricing regulations made available to the department for that purpose.

Subp. 2.

Purpose.

The purpose of parts 7606.0020 to 7606.0080 is to establish application procedures for financing participation, to set criteria for review and approval of financing participation applications, and to set criteria for financing participation agreements.

Statutory Authority:

MS s 216C.09

History:

13 SR 2762; 31 SR 1605

Published Electronically:

May 30, 2007