Minnesota § 370.23 COUNTY BONDS; PAYMENT AND ISSUE

Minnesota Statutes

§ 370.23 — COUNTY BONDS; PAYMENT AND ISSUE

Minnesota § 370.23

PartCOUNTIES, COUNTY OFFICERS, REGIONAL AUTHORITIES

Ch. 370COUNTIES; CHANGE OF BOUNDARIES

This text of Minnesota § 370.23 (COUNTY BONDS; PAYMENT AND ISSUE) 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. § 370.23 (2026).

Text

The county board of the county to which territory is transferred shall pay for indebtedness by levying a tax at the time fixed by law for so doing; and, for the purpose of meeting any portion of the indebtedness which may become due before it can be raised by taxation, and providing for the necessary county expenses, the board in any new county may issue bonds of its county, with coupons attached, for not more than $10,000, to run for a period of not more than ten years, at a rate of interest as authorized under section475.55.

Free access — add to your briefcase to read the full text and ask questions with AI

The county board of the county to which territory is transferred shall pay for indebtedness by levying a tax at the time fixed by law for so doing; and, for the purpose of meeting any portion of the indebtedness which may become due before it can be raised by taxation, and providing for the necessary county expenses, the board in any new county may issue bonds of its county, with coupons attached, for not more than $10,000, to run for a period of not more than ten years, at a rate of interest as authorized under section475.55.