Minnesota Statutes
§ 126C.66 — APPROPRIATION
Minnesota § 126C.66
This text of Minnesota § 126C.66 (APPROPRIATION) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 126C.66 (2026).
Text
Subdivision 1.Appropriation.
In addition to all sums which have been or may hereafter be appropriated by any law, the net proceeds of sale of any state school loan bonds authorized to be issued under section126C.72, and all income received from the investment of said net proceeds is hereby appropriated to the school loan bond account in the state bond fund.
Subd. 2.Remaining money.
Any amounts remaining in the fund on July 1, including any unused portion of the appropriation made in subdivision 1, must be available for use by the commissioner in making further debt service loans and capital loans.
Subd. 3.Payments.
All payments on capital loan contracts, as received by the commissioner, are appropriated to the loan repayment account.
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Legislative History
Ex1959 c 27 s 5;1963 c 601 s 3;1967 c 583 s 2;1981 c 358 art 9 s 3;1991 c 45 s 3;1998 c 397 art 7 s 50,164; art 11 s 3;5Sp2020 c 3 art 5 s 8
Nearby Sections
15
§ 126C.01
DEFINITIONS§ 126C.05
DEFINITION OF PUPIL UNITS§ 126C.10
GENERAL EDUCATION REVENUE§ 126C.13
GENERAL EDUCATION AID§ 126C.17
REFERENDUM REVENUE§ 126C.19
SHARED TIME AID§ 126C.40
OPERATIONAL AND CAPITAL LEVIES§ 126C.41
BENEFITS LEVIES§ 126C.43
LEVIES; STATUTORY OBLIGATIONS§ 126C.44
SAFE SCHOOLS REVENUECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 126C.66, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/126C/126C.66.