Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
469.024 POWER OF AUTHORITY.
Nothing contained in sections 469.016 to 469.024 shall be construed as limiting the power
of an authority (1) with respect to a housing project to vest in an obligee the right, in the event
of a default by the authority, to take possession or cause the appointment of a receiver of the
project, free from the restrictions imposed by this section or section 469.023; or (2) with respect
to a redevelopment project, in the event of a default by a purchaser or lessee of land, to acquire
property and operate it free from such restrictions.
History: 1987 c 291 s 24
Nothing contained in sections 469.016 to 469.024 shall be construed as limiting the power
of an authority (1) with respect to a housing project to vest in an obligee the right, in the event
of a default by the authority, to take possession or cause the appointment of a receiver of the
project, free from the restrictions imposed by this section or section 469.023; or (2) with respect
to a redevelopment project, in the event of a default by a purchaser or lessee of land, to acquire
property and operate it free from such restrictions.
History: 1987 c 291 s 24
Official Publication of the State of Minnesota
Revisor of Statutes