Minnesota § 334.19 INTEREST RATES ON MARGIN ACCOUNTS

Minnesota Statutes

§ 334.19 — INTEREST RATES ON MARGIN ACCOUNTS

Minnesota § 334.19

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 334MONEY, RATES OF INTEREST

This text of Minnesota § 334.19 (INTEREST RATES ON MARGIN ACCOUNTS) 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. § 334.19 (2026).

Text

Subject to the provisions of chapter 80A, no law in this state prescribing or limiting interest rates upon loans applies to interest charged by a broker or dealer registered under the Securities Exchange Act of 1934, as amended, for carrying a debit balance including a debit balance arising out of a nonpurpose loan, in an account for a customer if such debit balance is payable on demand and secured by securities or bonds.

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Subject to the provisions of chapter 80A, no law in this state prescribing or limiting interest rates upon loans applies to interest charged by a broker or dealer registered under the Securities Exchange Act of 1934, as amended, for carrying a debit balance including a debit balance arising out of a nonpurpose loan, in an account for a customer if such debit balance is payable on demand and secured by securities or bonds.