1,133 chapters · 28,438 sections in this title.
Minn. Stat. § 56.0001 CITATION.
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56.0001 CITATION. Sections 56.001 to 56.26 may be cited as the "Minnesota Regulated Loan Act." History: 1982 c 547 s 4
Minn. Stat. § 56.001 DEFINITIONS.
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56.001 DEFINITIONS. § Subdivision 1.Terms. When used in this chapter, the terms defined in this section have the meanings given them, unless their context requires a different meaning. § Subd. 2.Actuarial method. "Actuarial method" means the method of allocating payments made on …
Minn. Stat. § 56.002 APPLICATION.
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56.002 APPLICATION. This chapter does not apply to a person doing business under and as permitted by any law of this state or of the United States relating to banks, savings associations, trust companies, licensed pawnbrokers, or credit unions. Notwithstanding the provisions of s…
Minn. Stat. § 56.01 NECESSITY OF LICENSE.
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56.01 NECESSITY OF LICENSE. (a) Except as authorized by this chapter and without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money, credit, goods, or things in action, in an amount or of a value not exceeding that spe…