2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 334 Money, Rates of Interest
Section 334.061 AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE LIMITATIONS.
334.061 AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE
LIMITATIONS.
A state chartered agricultural credit corporation operating under United States Code, title 12,
sections 1401, 1402, 1403, and 1404 may make a charge on its loans at a rate of not more than
4-1/2 percent in excess of the discount rate on 90 day commercial paper in effect at the Federal
Reserve Bank in the Federal Reserve District encompassing Minnesota.
History: 1976 c 158 s 1; 1981 c 347 s 3
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.
