Sections 41A.01 to 41A.08 provide for agricultural and economic development in the state. All credit advanced pursuant to loan guaranty commitments is to be secured by subrogation of the state to mortgage security and other security interests granted to the private lender, in proportion to the amount advanced by the state. A board is established to investigate the feasibility of each project, its conformity to public policy and to environmental standards, the qualifications of the owners, operators, and lenders, and the nature and extent of the security, prior to commitment. The board shall also seek to secure financial participation by private persons not supported by the guaranty, to assure that in these respects each project satisfies and will continue to satisfy criteria which are adequate in the judgment of the board.
1984 c 502 art 10 s 1; 1Sp1985 c 13 s 145; 1987 c 386 art 9 s 1
Structure Minnesota Statutes
Chapters 17 - 43 — Agriculture
Chapter 41A — Agricultural Development
Section 41A.01 — Purpose.
Section 41A.02 — Definitions; Actions By The State.
Section 41A.021 — Successor Status.
Section 41A.022 — Minnesota Energy And Economic Development Authority; Successor Status.
Section 41A.0235 — Board Meetings By Telephone Or Other Electronic Means.
Section 41A.03 — Loan Guaranties.
Section 41A.035 — Agricultural Resources Loan Participation.
Section 41A.036 — Small Business Development Loans.
Section 41A.04 — Application And Approval.
Section 41A.05 — Minnesota Agricultural And Economic Development Account And Bonds.
Section 41A.06 — Project Taxes And Other Charges.
Section 41A.09 — Ethanol Development.
Section 41A.11 — Twenty-five By Twenty-five Goal.
Section 41A.12 — Agricultural Growth, Research, And Innovation Program.
Section 41A.14 — Agriculture Research, Education, Extension, And Technology Transfer Grant Program.
Section 41A.16 — Advanced Biofuel Production Incentive.
Section 41A.17 — Renewable Chemical Production Incentive.
Section 41A.18 — Biomass Thermal Production Incentive.
Section 41A.19 — Report; Incentive Programs.
Section 41A.20 — Siding Production Incentive.
Section 41A.21 — Oriented Strand Board Production Incentive.