DEFINITIONS.

475A.02 DEFINITIONS. § Subdivision 1.Terms. Except as provided in this section the terms contained in sections 475A.01 to 475A.06 shall have the meanings given them by section 475.51. § Subd. 2.Municipality. "Municipality" means any city, town, county, school district or any political subdivision of the state which has the authority to issue general obligations. § Subd. 3.Guaranteed bond. "Guaranteed bond" means a general obligation bond of a municipality including a statement approved by the commissioner of management and budget as provided in section 475A.03. History: 1971 c 856 s 2; Ex1971 c 46 s 2; 1973 c 123 art 5 s 7; 1973 c 492 s 14; 2009 c 101 art 2 s 109