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Minnesota Legislature

Office of the Revisor of Statutes

Notwithstanding a contrary provision of other law or charter, a home rule charter city may
issue tax anticipation certificates in the manner and subject to the limitations applicable to
statutory cities under section 412.261. The certificates may also be issued in anticipation of
federal and state aids, but the total amount of certificates issued against any fund for any year with
interest on them must not exceed any limits in the charter relating to the total of the anticipated
tax levy and the anticipated state aids for any fund not yet collected or received.
History: 1995 c 264 art 9 s 10