Minnesota Statutes
§ 583.284 — RETENTION OF PURCHASE MONEY SECURITY INTEREST
Minnesota § 583.284
JurisdictionMinnesota
PartPOSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS
Ch. 583FARMER-LENDER MEDIATION
This text of Minnesota § 583.284 (RETENTION OF PURCHASE MONEY SECURITY INTEREST) 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. § 583.284 (2026).
Text
If a creditor has a purchase money security interest under section336.9-103, and renegotiates the debt under the Farmer-Lender Mediation Act to reduce the principal balance or the interest rate or to extend the repayment period, the creditor retains the purchase money security interest for the renegotiated debt.
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Legislative History
1986 c 398 art 1 s 18;1987 c 292 s 32,37;1989 c 350 art 16 s 8;1990 c 525 s 1;1991 c 208 s 2;1Sp1993 c 2 art 6 s 2;1995 c 212 art 2 s 11;1997 c 183 art 3 s 29;1998 c 395 s 7;1998 c 402 s 6;1999 c 214 art 2 s 19;2001 c 195 art 1 s 23; art 2 s 38;1Sp2001 c 1 art 2 s 25;1Sp2001 c 2 s 150
Nearby Sections
15
§ 583.20
CITATION§ 583.21
LEGISLATIVE FINDINGS§ 583.215
EXPIRATION§ 583.22
DEFINITIONS§ 583.23
FARM MEDIATION§ 583.24
APPLICABILITY§ 583.25
VOLUNTARY MEDIATION PROCEEDINGS§ 583.26
MANDATORY MEDIATION PROCEEDINGS§ 583.285
MEDIATION RULES§ 583.29
PRIVATE DATA§ 583.30
FORMS AND COMPENSATION§ 583.305
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Bluebook (online)
Minnesota § 583.284, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/583/583.284.