2001 Minnesota Statutes

     481.21 Bond counsel fees. 

    An attorney-at-law performing services as bond counsel for 
 the state, a state agency, or a political subdivision of the 
 state shall be paid a fair and reasonable attorney's fee, based 
 on the following factors: 

    (1) the time and labor required; 

    (2) the experience and knowledge of the attorney; 

    (3) the complexity and novelty of problems involved; 

    (4) the extent of the responsibilities assumed and the 
 results obtained; and 

    (5) the sufficiency of assets properly available to pay for 
 the services. 

    The fee must not be based primarily on a percentage of the 
 amount of the bonds or obligations sold. 

    HIST: 1994 c 533 s 1