Section 41B.14 Revenue Bonds; Nonliability of State

41B.14 REVENUE BONDS; NONLIABILITY OF STATE.

The state of Minnesota is not liable on bonds of the authority issued under sections 41B.08 and 41B.044 and those bonds are not a debt of the state. The bonds must contain on their face a statement to that effect.

History:

1986 c 398 art 6 s 14; 1987 c 396 art 1 s 31; 1993 c 342 s 12