Section 41C.13 — Rules.
41C.13 RULES. The authority may adopt rules for the efficient administration of this chapter. History: 1991 c 332 s 18; 1997 c 187 art 1 s 3
Section 41D.01 — Minnesota Agricultural Education Leadership Council.
41D.01 MINNESOTA AGRICULTURAL EDUCATION LEADERSHIP COUNCIL. Subdivision 1. Establishment; membership. (a) The Minnesota Agricultural Education Leadership Council is established. The council is composed of 16 members as follows: (1) a representative of an agricultural education program at a higher education institution that prepares agriculture teachers for licensure; (2) a representative of the commissioner of education; […]
Section 41D.02 — Agricultural Education Grant Program.
41D.02 AGRICULTURAL EDUCATION GRANT PROGRAM. Subdivision 1. Establishment. The Minnesota Agricultural Education Leadership Council shall establish a program to provide grants under subdivisions 2 and 3 to educational institutions and other appropriate entities for secondary and postsecondary agricultural education programs. Subd. 2. Elementary and secondary agricultural education. The council may provide grants for: (1) planning […]
Section 41D.03 — Minnesota Center For Agricultural Education.
41D.03 MINNESOTA CENTER FOR AGRICULTURAL EDUCATION. Subdivision 1. Governance. The Minnesota Center for Agricultural Education is governed by the Minnesota Agricultural Education Leadership Council. Subd. 2. Powers and duties of council. (a) The council has the powers necessary for the care, management, and control of the Minnesota Center for Agricultural Education and all its real […]
Section 41D.04 — Resource, Magnet, And Outreach Programs.
41D.04 RESOURCE, MAGNET, AND OUTREACH PROGRAMS. Subdivision 1. Resource and outreach. The center shall offer resource and outreach programs and services statewide aimed at the enhancement of agricultural education opportunities for pupils in elementary and secondary school. Subd. 2. Center responsibilities. The center shall: (1) provide information and technical services to agriculture teachers, professional agriculture […]
Section 41C.05 — Agricultural Development Bond Beginning Farmer And Agricultural Business Enterprise Loan Program.
41C.05 AGRICULTURAL DEVELOPMENT BOND BEGINNING FARMER AND AGRICULTURAL BUSINESS ENTERPRISE LOAN PROGRAM. Subdivision 1. Development of program. The authority shall develop an agricultural development bond beginning farmer and agricultural business enterprise loan program to facilitate the acquisition of agricultural land and improvements and depreciable agricultural property by beginning farmers and real and personal property by […]
Section 41C.06 — Loan Allocation.
41C.06 LOAN ALLOCATION. Not more than 25 percent of the total bond allocation available for beginning farmer and agricultural business enterprise loans may be used for agricultural business enterprise loans. However, any portion of the bond allocation that remains unencumbered on November 1 of each year may be made available for agricultural business enterprise loans. […]
Section 41C.07 — Bonds.
41C.07 BONDS. Subdivision 1. Authority. The authority may issue its negotiable bonds in principal amounts which, in the opinion of the authority, are necessary to provide sufficient funds for achievement of its corporate purposes, the payment of interest on its bonds, the establishment of reserves to secure its bonds, and all other expenditures of the […]
Section 41C.08 — Reserve Funds And Appropriations.
41C.08 RESERVE FUNDS AND APPROPRIATIONS. Subdivision 1. Authority. The authority may create and establish one or more special funds, each to be known as a “bond reserve fund” and shall pay into each bond reserve fund any money appropriated and made available by the state for the purpose of the fund, any proceeds of sale […]
Section 41C.09 — Remedies Of Bondholders.
41C.09 REMEDIES OF BONDHOLDERS. Subdivision 1. Default. If the authority defaults in the payment of principal or interest on an issue of bonds at maturity or upon call for redemption and the default continues for a period of 30 days or if the authority fails or refuses to comply with the provisions of this chapter, […]