2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 334 Money, Rates of Interest
Section 334.11 RATE OF DAMAGE ON INTERSTATE BILLS.
334.11 RATE OF DAMAGE ON INTERSTATE BILLS.
When any bill of exchange, drawn upon any person out of the state but within the United
States, is duly presented for acceptance or payment, and is protested for nonacceptance or
nonpayment, the drawer or endorser thereof, after due notice of such dishonor, shall pay the bill
according to its tenor, with interest and five percent damages, together with charges of protest.
History: (7246) RL s 2744
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.
