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Statutes > Minnesota Laws > Chapters 46 - 59 Banking > Chapter 56 Regulated Loans > Section 56.22 Modification of Law Not to Affect Contracts

STATE STATUTES & CODES

MINNESOTA STATUTES AND CODES

Section 56.22 Modification of Law Not to Affect Contracts

56.22 MODIFICATION OF LAW NOT TO AFFECT CONTRACTS.

This chapter, or any part thereof, may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder; provided, that such cancellation or alteration shall not impair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.

History:

(7774-62) 1939 c 12 s 22

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