APPLICATION — Minnesota Code § 56.002
Minnesota Code § 56.002 — APPLICATION. Reproduced from the official Minnesota Statutes, with a citation summary, verification link, and related provisions.
§ 56.002. APPLICATION
This chapter does not apply to a person doing business under and as permitted by any law of this state or of the United States relating to banks, savings associations, trust companies, licensed pawnbrokers, or credit unions. Notwithstanding the provisions of section 56.01, an industrial loan and thrift company under chapter 53 may contract for and receive the charges, including those in section 56.155, authorized by this chapter without being licensed pursuant to this chapter, but shall comply with all other provisions of this chapter when contracting for or receiving charges on loans regulated by this chapter.
History:
1981 c 258 s 2; 1Sp1981 c 4 art 4 s 11; 1995 c 202 art 1 s 25
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
At a glance
- Citation: Minnesota Statutes § 56.002
- Jurisdiction: Minnesota
- Code: Minnesota Statutes
- Subject: APPLICATION
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Minnesota Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Minnesota attorney.
Common questions
What is the source of Minnesota Statutes § 56.002?
The text above is transcribed from the Minnesota Statutes, the codified statutes of Minnesota. The official publisher link appears under "Verify the text" on this page.
What subject does Minnesota Statutes § 56.002 address?
It addresses "APPLICATION". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Minnesota Statutes § 56.002 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Minnesota source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Minnesota law to your facts requires a licensed Minnesota attorney who can review the specifics.