Minnesota Statutes

§ 336.2A-109 — 336.2A-109 OPTION TO ACCELERATE AT WILL.

Minnesota § 336.2A-109
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.2A-109 (336.2A-109 OPTION TO ACCELERATE AT WILL.) 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. § 336.2A-109 (2026).

Text

A term providing that one party or the party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when the party deems self insecure" or in words of similar import must be construed to mean that the party has power to do so only if the party in good faith believes that the prospect of payment or performance is impaired.

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Legislative History

1989 c 232 art 1 s 2A-109

Nearby Sections

15
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Bluebook (online)
Minnesota § 336.2A-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.2A-109.