Minnesota Session Laws - 1997, Regular Session

                             CHAPTER 4-S.F.No. 264 
                  An act relating to housing; providing temporary 
                  authority for certain loans. 
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  [HOME IMPROVEMENT LOANS TO PREVENT WEATHER 
        DAMAGE.] 
           Notwithstanding any rule to the contrary, the Minnesota 
        housing finance agency may make home improvement loans that do 
        not result in a permanent general improvement to the property 
        provided such loans are for the purpose of preventing damage to 
        the property from severe weather conditions that cause a failure 
        of plumbing, heating, or electrical systems, or that cause a 
        defect in the roof or foundation. 
           Sec. 2.  [EFFECTIVE DATE.] 
           Section 1 is in effect the day following final enactment 
        and is effective until July 1, 1997. 
           Presented to the governor February 24, 1997 
           Signed by the governor February 25, 1997, 2:30 p.m.