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.