Current through Register Vol. 49, No. 8, August 19, 2024
Section 332.72 - [Effective 1/1/2025] COERCED DEBT PROHIBITED(a) A person is prohibited from causing another person to incur coerced debt.(b) A person who causes another person to incur a coerced debt in violation of this section is civilly liable to the creditor for the amount of the debt, or portion of the debt, determined by a court to be coerced debt, plus the creditor's reasonable attorney fees and costs, provided the creditor follows the procedures under section 332.74, subdivision 3, paragraph (b). Amended by 2024 Minn. Laws, ch. 114,s 3-73, eff. 1/1/2025.Added by 2023 Minn. Laws, ch. 57,s 3-70, eff. 1/1/2024.This section is set out more than once due to postponed, multiple, or conflicting amendments.