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Minnesota Statutes, Title Minnesota Statutes

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Minnesota/Statutes

← All Minnesota coverage

Title Minnesota Statutes, Minnesota Statutes

1,133 chapters · 28,438 sections in this title.

All chapters in Title Minnesota Statutes28,438 Ch 336, Chapter 336. UNIFORM COMMERCIAL CODE641 Ch 524, Chapter 524. UNIFORM PROBATE CODE394 Ch 609, Chapter 609. CRIMINAL CODE377 Ch 144, Chapter 144. DEPARTMENT OF HEALTH361 Ch 469, Chapter 469. ECONOMIC DEVELOPMENT256 Ch 473, Chapter 473. METROPOLITAN GOVERNMENT250 Ch 148, Chapter 148. PUBLIC HEALTH OCCUPATIONS206 Ch 169, Chapter 169. TRAFFIC REGULATIONS200 Ch 256B, Chapter 256B. MEDICAL ASSISTANCE FOR…196 Ch 60A, Chapter 60A. GENERAL INSURANCE POWERS195 Ch 13, Chapter 13. GOVERNMENT DATA PRACTICES177 Ch 115A, Chapter 115A. WASTE MANAGEMENT171 Ch 383B, Chapter 383B. HENNEPIN COUNTY168 Ch 216B, Chapter 216B. PUBLIC UTILITIES163

12 sections·Filtered byTitle Minnesota Statutes✕Ch 58B✕

Minn. Stat. § 58B.01 TITLE.
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58B.01 TITLE. This chapter may be cited as the "Student Loan Borrower Bill of Rights." History: 1Sp2021 c 4 art 6 s 2
Minn. Stat. § 58B.011 STUDENT LOAN ADVOCATE.
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58B.011 STUDENT LOAN ADVOCATE. § Subdivision 1.Designation of a student loan advocate. The commissioner of commerce must designate a student loan advocate within the Department of Commerce to provide timely assistance to borrowers and to effectuate this chapter. § Subd. 2.Duties.…
Minn. Stat. § 58B.02 DEFINITIONS.
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58B.02 DEFINITIONS. § Subdivision 1.Scope. For purposes of this chapter, the following terms have the meanings given them. § Subd. 2.Borrower. "Borrower" means a resident of this state who has received or agreed to pay a student loan or a person who shares responsibility with a r…
Minn. Stat. § 58B.03 LICENSING OF STUDENT LOAN SERVICERS.
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58B.03 LICENSING OF STUDENT LOAN SERVICERS. § Subdivision 1.License required. No person shall directly or indirectly act as a student loan servicer without first obtaining a license from the commissioner. § Subd. 2.Exempt persons. The following persons are exempt from the require…

Minn. Stat. § 58B.04 LICENSING MULTIPLE PLACES OF BUSINESS.

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58B.04 LICENSING MULTIPLE PLACES OF BUSINESS. A person licensed to act as a student loan servicer in this state is prohibited from servicing student loans under any other name or at any other place of business than that named in the license. Any time a student loan servicer chang…

Minn. Stat. § 58B.05 LICENSE RENEWAL.

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58B.05 LICENSE RENEWAL. § Subdivision 1.Term. Licenses are renewable on January 1 of each year. § Subd. 2.Timely renewal. (a) A person whose application is properly and timely filed who has not received notice of denial of renewal is considered approved for renewal. The person ma…

Minn. Stat. § 58B.051 REGISTRATION FOR LENDERS.

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58B.051 REGISTRATION FOR LENDERS. (a) Beginning January 1, 2025, a lender must register with the commissioner as a lender before providing services in Minnesota. A lender must not offer or make a student loan to a resident of Minnesota without first registering with the commissio…

Minn. Stat. § 58B.06 DUTIES OF STUDENT LOAN SERVICERS.

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58B.06 DUTIES OF STUDENT LOAN SERVICERS. § Subdivision 1.Response requirements. Upon receiving a written communication from a borrower, a student loan servicer must: (1) acknowledge receipt of the communication in less than ten days from the date the communication is received; an…

Minn. Stat. § 58B.07 PROHIBITED CONDUCT.

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58B.07 PROHIBITED CONDUCT. § Subdivision 1.Misleading borrowers. A student loan servicer must not directly or indirectly employ any scheme, device, or artifice to attempt to defraud or mislead a borrower. § Subd. 2.Misrepresentation. A student loan servicer must not engage in any…

Minn. Stat. § 58B.08 EXAMINATIONS.

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58B.08 EXAMINATIONS. The commissioner has the same powers with respect to examinations of student loan servicers under this chapter that the commissioner has under section 46.04. History: 1Sp2021 c 4 art 6 s 9

Minn. Stat. § 58B.09 DENIAL; SUSPENSION; REVOCATION OF LICENSES.

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58B.09 DENIAL; SUSPENSION; REVOCATION OF LICENSES. § Subdivision 1.Powers of commissioner. (a) The commissioner may by order take any or all of the following actions: (1) bar a person from engaging in student loan servicing; (2) deny, suspend, or revoke a student loan servicer li…

Minn. Stat. § 58B.10 DATA PRACTICES.

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58B.10 DATA PRACTICES. § Subdivision 1.Classification of data. Data collected, created, received, maintained, or disseminated by the Department of Commerce under this chapter are governed by section 46.07. § Subd. 2.Data sharing. To the extent data collected, created, received, m…