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Minnesota Legislature

Office of the Revisor of Statutes

Key: (1) language to be deleted (2) new language

                            CHAPTER 113-S.F.No. 1463 
                  An act relating to townships; authorizing creation of 
                  a capital reserve fund; amending Minnesota Statutes 
                  1998, section 365.10, by adding a subdivision. 
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  Minnesota Statutes 1998, section 365.10, is 
        amended by adding a subdivision to read: 
           Subd. 18.  [CAPITAL RESERVE FUND.] The electors may 
        authorize creation of a capital reserve fund and designate its 
        use for any lawful purpose. 
           Presented to the governor April 29, 1999 
           Signed by the governor May 3, 1999, 1:50 p.m.