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Error while executing PowerShell Script

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I defined a PowerShell script, tried to run it with the code and also as blank script. in both cases I get the following error:
The type initializer for 'System.Management.Automation.SessionStateScope' threw an exception.
On the web I found other people having the same issue and fixed the problem by removing <NetFX40_LegacySecurityElement> from the OWSTimer.EXE.Config. In my case the element wasn't already there.

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