Minnesota § 222.57 - RAIL USER AND RAIL CARRIER LOAN GUARANTEE ACCOUNT
Full text of Minnesota Minnesota Statutes § 222.57 — RAIL USER AND RAIL CARRIER LOAN GUARANTEE ACCOUNT, with citation guidance and answers to common questions.
§ 222.57. RAIL USER AND RAIL CARRIER LOAN GUARANTEE ACCOUNT
There is created a rail user and rail carrier loan guarantee account as a separate account in the rail service improvement account, which shall be used by the commissioner for carrying out the provisions of sections 222.55 to 222.62 with respect to loans insured under section 222.58. The commissioner may transfer to the rail user and rail carrier loan guarantee account from money otherwise available in the rail service improvement account whatever amount is necessary to implement the rail user and rail carrier loan guarantee program, except that bond proceeds may not be transferred to the account for insurance of loans made for the purposes specified in section 222.58, subdivision 2, paragraph (b), clauses (3) to (5). The commissioner may withdraw any amount from the rail user and rail carrier loan guarantee account that is not required to insure outstanding loans as provided in section 222.60, subdivision 1.
History:
1978 c 667 s 3; Ex1979 c 1 s 40; 1994 c 635 art 1 s 26
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 222.57
What does Minnesota Statutes § 222.57 cover?
Section 222.57 ("RAIL USER AND RAIL CARRIER LOAN GUARANTEE ACCOUNT") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 222.57?
A common citation format is "Minnesota Statutes § 222.57" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 222.57 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.