Minnesota § 48.194 INSTALLMENT SALES CONTRACTS; LOANS

Minnesota Statutes

§ 48.194 — INSTALLMENT SALES CONTRACTS; LOANS

Minnesota § 48.194

PartBANKING

Ch. 48BANKS

This text of Minnesota § 48.194 (INSTALLMENT SALES CONTRACTS; LOANS) 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. § 48.194 (2026).

Text

A person may enter into a credit sale or service contract for sale to a state or national bank doing business in this state, and a bank may purchase and enforce the contract under the terms and conditions set forth in sections47.59, subdivisions 2 and 4 to 14; and51A.386, subdivision 4. A state bank or national bank may extend credit pursuant to the terms and conditions set forth in sections47.59,47.60, and51A.386, subdivision 4.

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A person may enter into a credit sale or service contract for sale to a state or national bank doing business in this state, and a bank may purchase and enforce the contract under the terms and conditions set forth in sections47.59, subdivisions 2 and 4 to 14; and51A.386, subdivision 4. A state bank or national bank may extend credit pursuant to the terms and conditions set forth in sections47.59,47.60, and51A.386, subdivision 4.