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Capital IconMinnesota Legislature

Legislative Session number- 85

Bill Name: SF3740

Modifying consumer small loans regulations; modifying the definition of consumer
small loan and modifying the loan limit; modifying lender authority and certain
loan terms and conditions; requiring a loan contract to include a provision
offering an optional extended payment plan and specifying certain regulations;
prohibiting certain practices; requiring lender display of notification of the
extended repayment plan and other locally available debt repayment
services
(je)