If the Rural Finance Authority determines to issue revenue bonds under section 41B.08 for the purposes specified in section 41B.04 , the commissioner may by order provide for the transfer of all or a portion of the remaining general obligation bond proceeds and interest on them, and all or a portion of the participations purchased with the bond proceeds and proceeds of them, to be transferred to the security account established in section 41B.19, subdivision 5 , and used for the purposes specified in section 41B.19 , subdivisions 1 and 5.
Minn. Stat. § 41B.195
ADDITIONAL USE OF GENERAL OBLIGATION BONDS.
1987 c 396 art 1 s 29,31; 1989 c 271 s 10; 1996 c 463 s 37
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.