This chapter, or any part thereof, may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder; provided, that such cancellation or alteration shall not impair or affect the obligation of any preexisting lawful contract between any licensee and any borrower.
Minn. Stat. § 56.22
MODIFICATION OF LAW NOT TO AFFECT CONTRACTS.
Known as the Minnesota Regulated Loan Act
The act spans §§ 56–56 (29 sections).
(7774-62) 1939 c 12 s 22
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.