Subject to agreements with bondholders that may then exist, the society may purchase out of money available for the purpose, bonds of the society which shall then be canceled, at a price not exceeding the following amounts:
(1) if the bonds are then redeemable, the redemption price then applicable plus accrued interest to the next interest payment date of the bonds; or
(2) 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.
2003 c 127 art 12 s 6; 1Sp2003 c 21 art 10 s 11
Structure Minnesota Statutes
Chapters 17 - 43 — Agriculture
Chapter 37 — State Agricultural Society; State Fair
Section 37.01 — Public Corporation.
Section 37.02 — Budget; Building Restrictions; Exemptions.
Section 37.04 — Board Of Managers.
Section 37.05 — Officers; Compensation; Expenses.
Section 37.06 — Secretary; Legislative Auditor; Duties; Report.
Section 37.07 — Monthly Statements By Secretary; Purchases, Expenditures.
Section 37.13 — Ownership Of Money And Property; Capital Improvements.
Section 37.14 — Management Of Property; General Offices.
Section 37.16 — Rules; Violation.
Section 37.17 — Shows, Exhibitions, Performances, Privileges.
Section 37.18 — Unlicensed Or Improper Exhibition.
Section 37.20 — Special Peace Officers.
Section 37.21 — Sale Of Liquors.
Section 37.22 — Lockup; Seizure Of Liquors.
Section 37.24 — Unlawful Admissions.
Section 37.27 — Fair Foundation.
Section 37.31 — Issuance Of Bonds.
Section 37.32 — Tender Option.
Section 37.34 — Money Of The Society.
Section 37.36 — Purchase And Cancellation By Society.
Section 37.37 — State Pledge Against Impairment Of Contracts.