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Code · Minnesota · Chapter 41

41B.14 REVENUE BONDS; NONLIABILITY OF STATE.

46 words·~1 min read·/mn/chapter-41/41b-14

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41B.14 REVENUE BONDS; NONLIABILITY OF STATE.
The state of Minnesota is not liable on bonds of the authority issued under sections 41B.08 and 41B.044 and those bonds are not a debt of the state. The bonds must contain on their face a statement to that effect.
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