SF 2826

as introduced - 86th Legislature (2009 - 2010) Posted on 02/24/2010 09:12am

A bill for an act
relating to Hennepin County; authorizing business entity participation for certain
energy-related purposes; proposing coding for new law in Minnesota Statutes,
chapter 383B.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [383B.82] WIND AND SOLAR BUSINESS ENTITY PARTICIPATION.
new text end

new text begin To exercise the authority granted to counties under section 373.48, Hennepin County
may be a limited partner in a partnership, a member of a limited liability company, or a
shareholder in a corporation established for the purpose of constructing, acquiring, owning
in whole or in part, financing, or operating a facility that generates electricity from wind
or solar energy. Liability for Hennepin County is governed by section 466.04. Section
466.04 also governs liability for a limited liability company or a corporation, either of
which is wholly owned by Hennepin County and formed under this section.
new text end