Minnesota § 469.204 - PAYMENT; REVOLVING FUND
Full text of Minnesota Minnesota Statutes § 469.204 — PAYMENT; REVOLVING FUND, with citation guidance and answers to common questions.
§ 469.204. PAYMENT; REVOLVING FUND
Subdivision 1.Payment of state money.
Upon receipt from a city of a certification that a revitalization program has been adopted or modified, the commissioner shall, within 30 days, pay to the city the amount of state money identified as necessary to implement the revitalization program or program modification. Once the state money has been paid to the city, it becomes targeted community money for use by the city in accordance with an adopted revitalization program and subject only to the restrictions on its use in sections 469.201 to 469.207.
Subd. 2.
MS 2008 [Repealed, 2009 c 78 art 8 s 23]
Subd. 3.
MS 2008 [Repealed, 2009 c 78 art 8 s 23]
Subd. 4.Revolving fund.
A targeted community revitalization revolving fund is established in the state treasury. The fund consists of all money appropriated to the commissioner for the purposes of sections 469.201 to 469.207 and all proceeds received by the commissioner as the result of housing activities related to a targeted community revitalization program.
History:
1989 c 328 art 6 s 15; 2009 c 78 art 8 s 17,18
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 469.204
What does Minnesota Statutes § 469.204 cover?
Section 469.204 ("PAYMENT; REVOLVING FUND") 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 § 469.204?
A common citation format is "Minnesota Statutes § 469.204" (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 § 469.204 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.