Minn. Stat. § 541.053

Current through Register Vol. 49, No. 8, August 19, 2024
Section 541.053 - LIMITATION OF ACTIONS BASED ON CONSUMER DEBT

Notwithstanding section 541.31, subdivision 1, actions upon an obligation arising out of a consumer debt primarily for personal, family, or household purposes shall be commenced within six years. After its expiration, the statute of limitations is not revived by the collection of a payment on an account, a discharge in a bankruptcy proceeding, or an oral or written reaffirmation of the debt.

Minn. Stat. § 541.053

2013 c 104 s 2

Added by 2013 Minn. Laws, ch. 104,s 2, eff. 8/1/2013.