Section 325F.666 Unlawful Reassignment of Certain Motor Vehicle Contracts

MINNESOTA STATUTES AND CODES

Section 325F.666 Unlawful Reassignment of Certain Motor Vehicle Contracts

325F.666 UNLAWFUL REASSIGNMENT OF CERTAIN MOTOR VEHICLE CONTRACTS.

Subdivision 1.Contracts subject to law.

This section applies to contracts that transfer a right or interest in a motor vehicle, including lease contracts, conditional sales contracts, retail sales installment contracts, and security agreements.

Subd. 2.Unauthorized transfers.

A person who is not a party to a contract referred to in subdivision 1, and who has not first obtained written authorization from the secured creditor, lessor, or lienholder, may not do the following acts if that person receives consideration for so doing:

(1) get control of the motor vehicle and then sell, transfer, assign, or lease it to another person; or

(2) assist, cause, or arrange the actual or purported sale, transfer, assignment, or lease of the motor vehicle to another person.

Subd. 3.Civil remedies.

Any person injured by a violation of this section may bring a civil action to enforce this section and recover any actual damages, costs and disbursements, including reasonable attorneys fees incurred in the civil action. In addition to the remedies provided in this section, the attorney general may bring an action pursuant to section 8.31 against any person for violation of this section.