Subject to agreements with bondholders that may then exist, the authority may purchase out of funds available for the purpose, bonds of the authority 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.
1988 c 546 s 11
Structure Minnesota Statutes
Chapters 440 - 446A — Municipal Public Works
Chapter 446A — Public Facilities Authority
Section 446A.01 — Minnesota Public Facilities Authority Act.
Section 446A.02 — Definitions.
Section 446A.03 — Minnesota Public Facilities Authority.
Section 446A.04 — Powers; Duties; Program Administration.
Section 446A.051 — Project Financial Assistance.
Section 446A.07 — Clean Water Revolving Fund.
Section 446A.072 — Water Infrastructure Funding Program.
Section 446A.073 — Point Source Implementation Grants.
Section 446A.075 — Small Community Wastewater Treatment Program.
Section 446A.076 — Estimated Funding Needs.
Section 446A.081 — Drinking Water Revolving Fund.
Section 446A.083 — Methamphetamine Laboratory Cleanup Revolving Account.
Section 446A.085 — Transportation Revolving Loan Fund.
Section 446A.086 — State May Guarantee Governmental Unit Building Debt; Repayment.
Section 446A.087 — Credit Enhanced Bond Program.
Section 446A.09 — Report; Audit.
Section 446A.12 — Issuance Of Bonds.
Section 446A.13 — Tender Option.
Section 446A.14 — Interest Rate Swaps And Other Agreements.
Section 446A.16 — Money Of The Authority.
Section 446A.17 — Nonliability.
Section 446A.18 — Purchase And Cancellation By Authority.
Section 446A.19 — State Pledge Against Impairment Of Contracts.