475A.02 DEFINITIONS.
Subdivision 1.
Terms. Except as provided in this section the terms contained in sections
475A.01 to
475A.06 shall have the meanings given them by section
475.51.
Subd. 2.
Municipality. "Municipality" means any city, town, county, school district or any
political subdivision of the state which has the authority to issue general obligations.
Subd. 3.
Guaranteed bond. "Guaranteed bond" means a general obligation bond of a
municipality including a statement approved by the commissioner of finance as provided in
section
475A.03.
History: 1971 c 856 s 2; Ex1971 c 46 s 2; 1973 c 123 art 5 s 7; 1973 c 492 s 14