The commissioner, subject to agreements with bondholders which may then exist, has power out of any funds available for the purpose to purchase bonds of the commissioner at a price not exceeding (a) if the bonds are then redeemable, the redemption price then applicable plus accrued interest to the next interest payment date thereon, or (b) if the bonds are not redeemable, the redemption price applicable on the first date after the purchase upon which the bonds become subject to redemption plus accrued interest to that date.
1991 c 350 art 1 s 9
Structure Minnesota Statutes
Chapters 116R - 116W — Business Development
Chapter 116R — Aircraft Facilities; State Financing
Section 116R.01 — Definitions.
Section 116R.02 — Bond Issue; Sale Authorization.
Section 116R.03 — General Powers.
Section 116R.04 — Revenue Bonds; Purposes, Terms, Approval.
Section 116R.05 — Bonds; Orders Authorizing, Additional Terms, Sale.
Section 116R.06 — Bonds; Optional Order And Contract Provisions.
Section 116R.08 — Bonds; Nonliability Of Individuals.
Section 116R.09 — Bonds; Purchase And Cancellation.
Section 116R.10 — State Pledge Against Impairment Of Contracts.
Section 116R.11 — Aircraft Facilities Funds And Debt Service Accounts.
Section 116R.12 — Powers And Duties Of Trustee.
Section 116R.13 — Debt Service Reserve Account.