Minnesota § 473.668 MUNICIPALITIES TO GUARANTEE BONDS OF COMMISSION

Minnesota Statutes

§ 473.668 — MUNICIPALITIES TO GUARANTEE BONDS OF COMMISSION

Minnesota § 473.668

PartMETROPOLITAN AREA

Ch. 473METROPOLITAN GOVERNMENT

This text of Minnesota § 473.668 (MUNICIPALITIES TO GUARANTEE BONDS OF COMMISSION) 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. § 473.668 (2026).

Text

Bonds issued pursuant to the provisions of sections473.601to473.679, by either city shall be secured by the full faith, credit, and resources of the city issuing them, shall be paid from tax levies made in conformity with sections475.61and475.74, and shall be sold in the manner prescribed by section475.60. No provision of any existing law or special or home rule charter under which either city may be acting shall be deemed or construed to impair, curtail, or limit in amount, form, or manner the power to issue any bonds pursuant to sections473.601to473.679, and the bonds issued by either city or by the corporation pursuant to sections473.601to473.679, shall not be included in computing the net indebtedness of such municipality under any applicable law or charter.

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Bonds issued pursuant to the provisions of sections473.601to473.679, by either city shall be secured by the full faith, credit, and resources of the city issuing them, shall be paid from tax levies made in conformity with sections475.61and475.74, and shall be sold in the manner prescribed by section475.60. No provision of any existing law or special or home rule charter under which either city may be acting shall be deemed or construed to impair, curtail, or limit in amount, form, or manner the power to issue any bonds pursuant to sections473.601to473.679, and the bonds issued by either city or by the corporation pursuant to sections473.601to473.679, shall not be included in computing the net indebtedness of such municipality under any applicable law or charter.