Minnesota § 451.05 BONDS, OBLIGATIONS FOR HEAT NOT PART OF CITY DEBT

Minnesota Statutes

§ 451.05 — BONDS, OBLIGATIONS FOR HEAT NOT PART OF CITY DEBT

Minnesota § 451.05

PartLOCAL PUBLIC UTILITIES, ENTERPRISES

Ch. 451UTILITY FRANCHISES, PERMITS, RIGHTS

This text of Minnesota § 451.05 (BONDS, OBLIGATIONS FOR HEAT NOT PART OF CITY DEBT) 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. § 451.05 (2026).

Text

Subdivision 1.Obligations.
An obligation incurred by a home rule charter city of the fourth class in making arrangements to furnish heat to the city's residents under section451.04is not part of the city's debt under its charter or under state law limiting the city's debt.

Subd. 2.Bonds.
The amount of bonds issued under section451.04and at any time outstanding are not part of the city's net debt under its charter or under other law.

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Subdivision 1.Obligations.
An obligation incurred by a home rule charter city of the fourth class in making arrangements to furnish heat to the city's residents under section451.04is not part of the city's debt under its charter or under state law limiting the city's debt.

Subd. 2.Bonds.
The amount of bonds issued under section451.04and at any time outstanding are not part of the city's net debt under its charter or under other law.