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136F.93 STUDENT ACTIVITIES, FEES CHARGED.
Whenever bonds are issued as provided in sections 136F.90 to 136F.98, it shall be the duty of
the Board of Trustees of the Minnesota State Colleges and Universities to establish charges or
fees, including without limitation fees for student activities and fees for student facilities, for the
use of any buildings or structures sufficient at all times to pay the principal of and interest on
the bonds and to create and maintain suitable reserves for them and the necessary expenses of
their operation and maintenance. All revenues derived from their operation shall be set aside in
a separate fund and accounts and be irrevocably pledged for and used only to pay the principal
of and interest upon the bonds issued for the purpose or purposes set forth and described in the
resolution authorizing the issuance of the bonds, and the necessary expenses of the operation
and maintenance of the buildings and structures; and the charges and fees shall be sufficient at
all times for these purposes.
History: 1955 c 715 s 4; 1957 c 603 s 3; 1994 c 532 art 6 s 4,12; 1995 c 212 art 4 s
58,64,65; 1996 c 305 art 1 s 130,131

Official Publication of the State of Minnesota
Revisor of Statutes