There is a newer version of the Minnesota Statutes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 334.11 — Rate of Damage on Interstate Bills
MN Stat § 334.11 (1996 through Reg Sess) What's This?
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
