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Minn. Stat. § 48.156

LOAN DUE ON DEFAULT.

Known as the Interstate Banking Act

The act spans §§ 48–48 (81 sections).

1945 c 544 s 4

Nothing in sections 48.153 to 48.157 shall prohibit the lender from declaring the whole of such loan immediately due and payable upon default if the loan agreement shall so provide.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.