2020 Minnesota Statutes
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Chapter 47
- Dining table of parts
- Complete Chapter Text
- Variation List
Area 47.601
Topics
- Attorney general
- Banking Institutions
- Commerce division
- Customer security
- Banking institutions
- Industrial thrift and loan businesses
- Loans
- Payday advances
- Popular names of functions
- Regulated loan providers
- Savings associations
- Savings banks
- Trust organizations
Current History
- 2009 47.601 brand new 2009 c 68 s 3
Subdivision 1. Definitions.
(b) “Borrower” means someone who obtains a customer loan that is short-term for individual, family members, or home purposes.
(c) “Commissioner” means the commissioner of business.
(d) “customer short-term loan” means that loan to a debtor which includes a principal quantity, or an advance on a borrowing limit, of $1,000 or less and needs a minimum payment within 60 times of loan origination or credit advance greater than 25 % associated with the major stability or credit advance. Continue reading “Workplace associated with the Revisor of Statutes”