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Minn. Stat. § 48.156

Loan Due on Default

Minnesota · Minnesota Statutes Chapter 48 — Banks · Status: effective

Banking, Finance & Insurance
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Minn. Stat. § 48.156, Loan Due on Default, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1695367
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Nothing in sections 48.153 to 48.157 shall prohibit the lender from declaring the whole of such loan immediately due and payable upon default if the loan agreement shall so provide.