Minnesota Clauses Relating to Venture Interests

State:
Multi-State
Control #:
US-P0606-3BAM
Format:
Word; 
Rich Text
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This sample form, containing Clauses Relating to Venture Interests document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

Additionally, consumers often waive the limit via contract (in writing or with the click of a mouse), a trade-off many consumers are willing to make in order to secure credit. Minnesota statute limits interest rates to 6 percent in general, and 8 percent for written contracts.

There is no federal regulation on the maximum interest rate that your issuer can charge you, though each state has its own approach to limiting interest rates. State usury laws often dictate the highest interest rate that can be charged on loans, but these often don't apply to credit card loans.

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Minnesota Clauses Relating to Venture Interests