Section 471.831 Municipality May File Bankruptcy Petition - Minnesota Statutes

471.831 MUNICIPALITY MAY FILE BANKRUPTCY PETITION.

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 through December 31, 1996.

Subd. 2.Municipality defined.

In this section, "municipality" means a municipality as defined in United States Code, title 11, section 101, as amended through December 31, 1996, 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