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2018 Minnesota Statutes
Chapters 324 - 341 — TRADE REGULATIONS, CONSUMER PROTECTION
Chapter 325A — INVENTION SERVICES
Section 325A.07 — RESTRICTION ON USE OF NEGOTIABLE INSTRUMENTS.
Universal Citation: MN Stat § 325A.07 (2018)
325A.07 RESTRICTION ON USE OF NEGOTIABLE INSTRUMENTS.
In connection with a contract for invention development services, the invention developer shall not take from a customer a negotiable instrument other than a check as evidence of the obligation of the customer. A holder is not a holder in due course if the holder takes a negotiable instrument taken from a customer in violation of this section.
History: 1977 c 288 s 7; 1986 c 444
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