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  1. Sec. 47.601 MN Statutes

    [img]https://i.imgur.com/fsI7Ta7.jpg[/img]
    For the purposes of this part, each new advance of money to a borrower beneath a shopper short-term loan agreement constitutes a brand new client short-term loan. A "client brief-term loan" doesn't embody any transaction made under chapter 325J or a loan made by a consumer quick-time period lender the place, in the occasion of default on the loan, the only recourse for restoration of the quantity owed, aside from a lawsuit for damages for ...