There is a newer version of the Minnesota Statutes
2011 Minnesota Statutes
Chapters 324 - 338 — Trade Regulations, Consumer Protection
Chapter 334 — Money, Rates of Interest
Section 334.061 — Agricultural Credit Corporations; Interest Rate Limitations
MN Stat § 334.061 (1996 through Reg Sess) What's This?
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
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