Subdivision 1.Eligibility.

Applicants for leases and lease holders under this chapter must meet the definition of responsible vendor as provided in rules adopted under chapter 16C.

Subd. 2.Performance.

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Terms Used In Minnesota Statutes 93.171

  • 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

A current lease holder is subject to suspension and debarment under chapter 16C and rules adopted under chapter 16C.