The licensee hereunder shall, at all times, be beholden and liable to the commissioner for all acts and proceedings taken by assignees, assigns, endorsees, and transferees in enforcing, and as to the method of enforcing, collection of any obligation taken hereunder, as fully and to the same extent as though the same were taken by the licensee hereunder.
Minn. Stat. § 56.25
LICENSEE TO BE RESPONSIBLE.
Known as the Minnesota Regulated Loan Act
The act spans §§ 56–56 (29 sections).
(7774-65) 1939 c 12 s 25; 1986 c 444
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.