Minnesota Statutes
§ 16D.05 — PRIORITY OF SATISFACTION OF DEBTS
Minnesota § 16D.05
This text of Minnesota § 16D.05 (PRIORITY OF SATISFACTION OF DEBTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 16D.05 (2026).
Text
Subdivision 1.Multiple debts.
If two or more debts owed by the same debtor are submitted to the commissioner, amounts collected on those debts must be applied as prescribed in this section.
Subd. 2.Enforcement of liens.
If the money received is collected on a judgment lien under chapter 550, a lien provided by chapter 514, a consensual lien or security interest, protection of an interest in property through chapter 570, by collection process provided by chapters 551 and 571, or by any other process by which the commissioner is enforcing rights in a particular debt, the money must be applied to that particular debt.
Subd. 3.Other methods of collection.
If the money is collected in any manner not specified in subdivision 2, the money collected must apply first to the satisfaction of any d
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Legislative History
1994 c 632 art 3 s 39
Nearby Sections
15
§ 16D.01
CITATION AND SCOPE§ 16D.02
DEFINITIONS§ 16D.04
COLLECTION ACTIVITIES§ 16D.045
STAFF§ 16D.06
DEBTOR INFORMATION§ 16D.07
NOTICE TO DEBTOR§ 16D.08
COLLECTION DUTIES AND POWERS§ 16D.09
UNCOLLECTIBLE DEBTS§ 16D.10
CASE REVIEWER§ 16D.11
COLLECTION COSTS§ 16D.13
INTEREST§ 16D.14
VENUECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 16D.05, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/16D/16D.05.