Minnesota § 469.091 - ECONOMIC DEVELOPMENT AUTHORITY
Full text of Minnesota Minnesota Statutes § 469.091 — ECONOMIC DEVELOPMENT AUTHORITY, with citation guidance and answers to common questions.
§ 469.091. ECONOMIC DEVELOPMENT AUTHORITY
Subdivision 1.Establishment.
A city may, by adopting an enabling resolution in compliance with the procedural requirements of section 469.093, establish an economic development authority that, subject to section 469.092, has the powers contained in sections 469.090 to 469.108 and the powers of a housing and redevelopment authority under sections 469.001 to 469.047 or other law, and of a city under sections 469.124 to 469.133 or other law. If the economic development authority exercises the powers of a housing and redevelopment authority contained in sections 469.001 to 469.047 or other law, the city shall exercise the powers relating to a housing and redevelopment authority granted to a city by sections 469.001 to 469.047 or other law.
Subd. 2.Characteristics.
An economic development authority is a public body corporate and politic and a political subdivision of the state with the right to sue and be sued in its own name. An authority carries out an essential governmental function when it exercises its power, but the authority is not immune from liability because of this.
Subd. 3.Unpaid officers, directors, and agents; liability.
Section 317A.257 applies to an economic development authority or to a nonprofit corporation exercising the powers of an economic development authority.
History:
1987 c 291 s 92; 1994 c 623 art 5 s 2; 2013 c 125 art 1 s 107
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 469.091
What does Minnesota Statutes § 469.091 cover?
Section 469.091 ("ECONOMIC DEVELOPMENT AUTHORITY") 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 § 469.091?
A common citation format is "Minnesota Statutes § 469.091" (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 § 469.091 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.