471.831 MUNICIPALITY MAY FILE BANKRUPTCY PETITION.
Subdivision 1.
Any relief under bankruptcy code. A municipality, as defined in subdivision
2, may file a petition and seek any relief available to it under United States Code, title 11, as
amended through December 31, 1996.
Subd. 2.
Municipality defined. In this section, "municipality" means a municipality as
defined in United States Code, title 11, section 101, as amended through December 31, 1996, but
limited to a county, statutory or home rule charter city, or town; or a housing and redevelopment
authority, economic development authority, or rural development financing authority established
under chapter 469, a home rule charter, or special law.
History: 1997 c 148 s 1