Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
- Search Minnesota Statutes
- About Minnesota Statutes
- 2007 Statutes New, Amended or Repealed
- 2007 Table of Chapters
- 2007 Statutes Topics (Index)
Chapter 481
Section 481.21
Topics
Recent History
- 1994 481.21 New 1994 c 533 s 1
This is an historical version of this statute chapter. Also view the most recent published version.
481.21 BOND COUNSEL FEES.
An attorney-at-law performing services as bond counsel for the state, a state agency, or a
political subdivision of the state shall be paid a fair and reasonable attorney's fee, based on the
following factors:
(1) the time and labor required;
(2) the experience and knowledge of the attorney;
(3) the complexity and novelty of problems involved;
(4) the extent of the responsibilities assumed and the results obtained; and
(5) the sufficiency of assets properly available to pay for the services.
The fee must not be based primarily on a percentage of the amount of the bonds or
obligations sold.
History: 1994 c 533 s 1
An attorney-at-law performing services as bond counsel for the state, a state agency, or a
political subdivision of the state shall be paid a fair and reasonable attorney's fee, based on the
following factors:
(1) the time and labor required;
(2) the experience and knowledge of the attorney;
(3) the complexity and novelty of problems involved;
(4) the extent of the responsibilities assumed and the results obtained; and
(5) the sufficiency of assets properly available to pay for the services.
The fee must not be based primarily on a percentage of the amount of the bonds or
obligations sold.
History: 1994 c 533 s 1
Official Publication of the State of Minnesota
Revisor of Statutes