Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
41B.13 REVENUE BONDS; PURCHASE AND CANCELLATION BY AUTHORITY.
The authority, subject to agreements with bondholders which may then exist, has power out
of any funds available for the purpose to purchase bonds of the authority at a price not exceeding
(a) if the bonds are then redeemable, the redemption price then applicable plus accrued interest to
the next interest payment date thereon, or (b) if the bonds are not redeemable, the redemption
price applicable on the first date after the purchase upon which the bonds become subject to
redemption plus accrued interest to that date.
History: 1986 c 398 art 6 s 13; 1987 c 396 art 1 s 31
The authority, subject to agreements with bondholders which may then exist, has power out
of any funds available for the purpose to purchase bonds of the authority at a price not exceeding
(a) if the bonds are then redeemable, the redemption price then applicable plus accrued interest to
the next interest payment date thereon, or (b) if the bonds are not redeemable, the redemption
price applicable on the first date after the purchase upon which the bonds become subject to
redemption plus accrued interest to that date.
History: 1986 c 398 art 6 s 13; 1987 c 396 art 1 s 31
Official Publication of the State of Minnesota
Revisor of Statutes