Minnesota § 469.160 VALIDITY OF BONDS; PRESUMPTION

Minnesota Statutes

§ 469.160 — VALIDITY OF BONDS; PRESUMPTION

Minnesota § 469.160

PartLOCAL ECONOMIC DEVELOPMENT

Ch. 469ECONOMIC DEVELOPMENT

This text of Minnesota § 469.160 (VALIDITY OF BONDS; PRESUMPTION) 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. § 469.160 (2026).

Text

The validity of bonds or notes issued under sections469.152to469.165shall not depend on nor be affected by the validity or regularity of any proceedings relating to the acquisition, purchase, construction, reconstruction, improvement, betterment, or extension of the project for which they are issued. The ordinance or resolution authorizing the bonds or notes may provide that the bonds or notes shall contain a recital that they are issued pursuant to sections469.152to469.165, and the recital shall be conclusive evidence of their validity and of the regularity of their issuance.

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The validity of bonds or notes issued under sections469.152to469.165shall not depend on nor be affected by the validity or regularity of any proceedings relating to the acquisition, purchase, construction, reconstruction, improvement, betterment, or extension of the project for which they are issued. The ordinance or resolution authorizing the bonds or notes may provide that the bonds or notes shall contain a recital that they are issued pursuant to sections469.152to469.165, and the recital shall be conclusive evidence of their validity and of the regularity of their issuance.