Minnesota § 475.57 INITIATION OF PROCEEDINGS; RESOLUTION

Minnesota Statutes

§ 475.57 — INITIATION OF PROCEEDINGS; RESOLUTION

Minnesota § 475.57

PartPUBLIC DEBT; LOCAL GOVERNMENT AID

Ch. 475MUNICIPAL DEBT

This text of Minnesota § 475.57 (INITIATION OF PROCEEDINGS; RESOLUTION) 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. § 475.57 (2026).

Text

Proceedings for issuing bonds under sections475.51to475.74shall be initiated by a resolution of the governing body of the municipality stating the amount proposed to be borrowed and the purpose for which the debt is to be incurred. Such resolution may provide for the submission of the question to vote of the electors. A town board may adopt such resolution without a statement for special town meeting being filed with the clerk.

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Proceedings for issuing bonds under sections475.51to475.74shall be initiated by a resolution of the governing body of the municipality stating the amount proposed to be borrowed and the purpose for which the debt is to be incurred. Such resolution may provide for the submission of the question to vote of the electors. A town board may adopt such resolution without a statement for special town meeting being filed with the clerk.