There is a newer version of the Minnesota Statutes
2012 Minnesota Statutes
Chapters 324 - 338 — Trade Regulations, Consumer Protection
Chapter 332 — Collection, Credit Services
Section 332.345 — Segregated Accounts
MN Stat § 332.345 (2012) What's This?
332.345 SEGREGATED ACCOUNTS. A payment collected by a collector or collection agency on behalf of a customer shall be held by the collector or collection agency in a separate trust account clearly designated for customer funds. The account must be in a bank or other depository institution authorized or chartered under the laws of any state or of the United States.
History:2008 c 344 s 55
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
