Minnesota Statutes > Chapter 469 > RURAL DEVELOPMENT FINANCING AUTHORITIES


§ 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

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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