Commerce; obsolete language removed.
HF 2236 amends Minnesota Statutes section 53C.08, subdivision 1, by removing outdated language from the existing law governing retail installment contracts. This bill does not change any substantive requirements for contracts, such as written terms, prohibitions on confession of judgment, or delinquency charge limits. It directly affects businesses and consumers using retail installment contracts (e.g., car loans) by updating the statutory language to reflect current practice. The bill is purely procedural, removing obsolete phrasing without adding or altering any policy requirements.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 12, 2025
Last action Mar 12, 2025
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Mar 12, 2025
Introduced
Introduction and first reading, referred to Commerce Finance and Policy
lower
1 primary · 1 co-sponsor
Sponsors
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