Minn. Stat. § 334.022

Current through 2023, c. 127
Section 334.022 - CREDIT TO ORGANIZATIONS

Notwithstanding any law to the contrary, no limitation on the rate or amount of interest, points, finance charges, fees, or other charges applies to an extension of credit to an organization, and any such extension of credit is exempt from the other provisions of this chapter. "Organization" means a corporation, government, government subdivision or agency, trust, estate, partnership, joint venture, cooperative, limited liability company, or association.

Minn. Stat. § 334.022

2002 c 342 s 10