§ 469.142 Purposes
§ 469.143 Definitions
§ 469.144 Establishment; Board
§ 469.145 Financing Projects and Facilities
§ 469.146 Issuance of Bonds and Notes
§ 469.147 Processing Agreement
§ 469.148 Applications for Loan Guaranties
§ 469.149 Agreements for Reservation of Tax Increments
§ 469.151 State and County Not Liable On Bonds

Terms Used In Minnesota Statutes > Chapter 469 > RURAL DEVELOPMENT FINANCING AUTHORITIES

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
  • Personal property: All property that is not real property.
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
  • Tax: means any fee, charge, exaction, or assessment imposed by a governmental entity on an individual, person, entity, transaction, good, service, or other thing. See Minnesota Statutes 645.44