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Code · Minnesota · Chapter 41

41B.195 ADDITIONAL USE OF GENERAL OBLIGATION BONDS.

98 words·~1 min read·/mn/chapter-41/41b-195

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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.
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