2011 Minnesota Statutes
Chapters 324 - 338 — Trade Regulations, Consumer Protection
Chapter 334 — Money, Rates of Interest
Section 334.18 — Penalties for Violations


MN Stat § 334.18 (1996 through Reg Sess) What's This?
334.18 PENALTIES FOR VIOLATIONS.

Any seller who violates any provision of sections 334.16 to 334.18, except as a result of an unintentional act or bona fide error, shall forfeit to the buyer three times any finance charge imposed, charged or collected under or in connection with the related open end credit plan, agreement or arrangement for so long as the violation continues.

History:

1971 c 877 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.