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Chapter 41B
Section 41B.195
Recent History
- 1996 41B.195 Amended 1996 c 463 s 37
Topics
This is an historical version of this statute chapter. Also view the most recent published version.
41B.195 ADDITIONAL USE OF GENERAL OBLIGATION BONDS.
If the Rural Finance Authority determines to issue revenue bonds under section 41B.08 for
the purposes specified in section 41B.04, the commissioner may by order provide for the transfer
of all or a portion of the remaining general obligation bond proceeds and interest on them, and
all or a portion of the participations purchased with the bond proceeds and proceeds of them, to
be transferred to the security account established in section 41B.19, subdivision 5, and used for
the purposes specified in section 41B.19, subdivisions 1 and 5.
History: 1987 c 396 art 1 s 29,31; 1989 c 271 s 10; 1996 c 463 s 37
If the Rural Finance Authority determines to issue revenue bonds under section 41B.08 for
the purposes specified in section 41B.04, the commissioner may by order provide for the transfer
of all or a portion of the remaining general obligation bond proceeds and interest on them, and
all or a portion of the participations purchased with the bond proceeds and proceeds of them, to
be transferred to the security account established in section 41B.19, subdivision 5, and used for
the purposes specified in section 41B.19, subdivisions 1 and 5.
History: 1987 c 396 art 1 s 29,31; 1989 c 271 s 10; 1996 c 463 s 37
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