Section 471.831 — Municipality May File Bankruptcy Petition.

MN Stat § 471.831 (2019) (N/A)
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Subdivision 1. Any relief under bankruptcy code. A municipality, as defined in subdivision 2, may file a petition and seek any relief available to it under United States Code, title 11, as amended.

Subd. 2. Municipality defined. In this section, "municipality" means a municipality as defined in United States Code, title 11, section 101, as amended, but limited to a county, statutory or home rule charter city, or town; or a housing and redevelopment authority, economic development authority, or rural development financing authority established under chapter 469, a home rule charter, or special law.

History: 1997 c 148 s 1; 1Sp2019 c 6 art 8 s 7