1999 Minnesota Statutes

     334.021 Corporation prohibited from interposing defense 
  of usury. 

    No corporation shall hereafter interpose the defense of 
 usury in any action.  The term "corporation," as used in this 
 section, includes any cooperative corporation, cooperative 
 association, limited liability company, or limited partnership, 
 and further includes any association or joint stock company 
 having any of the powers and privileges of corporations not 
 possessed by an individual or a partnership. 

    HIST: 1947 c 282 s 1; 1969 c 922 s 1; 1984 c 493 s 1; 1Sp1985 
 c 13 s 316; 1993 c 137 s 55