Minnesota § 471.71 - DEFINITIONS
Full text of Minnesota Minnesota Statutes § 471.71 — DEFINITIONS, with citation guidance and answers to common questions.
§ 471.71. DEFINITIONS
Subdivision 1.Terms.
For the purposes of sections 471.71 to 471.83 the terms defined in this section shall have the meanings ascribed to them unless the context otherwise requires.
Subd. 2.Municipality.
"Municipality" includes cities, towns, and school districts.
Subd. 3.City, town, school district.
"City," "town," or "school district" include only those of the class made subject to sections 471.71 to 471.83 by sections 471.72 and 471.73.
Subd. 4.Unfunded indebtedness.
"Unfunded indebtedness" includes all general obligations and indebtedness except bonds and except indebtedness which is payable from special assessments against benefited property.
Subd. 5.Year.
"Year" means calendar year, except that it means "fiscal year" in the case of any school district or city as to which both of the following conditions exist:
(1) in the case of a city, the charter or law under which it is organized provides for a fiscal year differing from the calendar year; in the case of a school district, the books of account are kept on the basis of a fiscal year differing from the calendar year;
(2) the governing body of such city or school district shall have adopted a resolution determining that its operation under sections 471.71 to 471.83 shall be on the basis of such fiscal year and giving the date of the beginning of that year.
History:
1943 c 526 s 1 subd (a); 1951 c 63 s 1; 1973 c 123 art 5 s 7
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 471.71
What does Minnesota Statutes § 471.71 cover?
Section 471.71 ("DEFINITIONS") 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 § 471.71?
A common citation format is "Minnesota Statutes § 471.71" (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 § 471.71 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.