SF 419

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to civil actions; regulating economic loss 
  1.3             arising from the sale of goods; amending Minnesota 
  1.4             Statutes 1998, section 604.10; repealing Laws 1998, 
  1.5             First Special Session chapter 2. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 604.10, is 
  1.8   amended to read: 
  1.9      604.10 [ECONOMIC LOSS ARISING FROM THE SALE OF GOODS.] 
  1.10     (a) Economic loss that arises from a sale of goods that is 
  1.11  due to damage to tangible property other than the goods sold may 
  1.12  be recovered in tort as well as in contract, but economic loss 
  1.13  that arises from a sale of goods between parties who are each 
  1.14  merchants in goods of the kind is not recoverable in tort. 
  1.15     (b) Economic loss that arises from a sale of goods, between 
  1.16  merchants, that is not due to damage to tangible property other 
  1.17  than the goods sold may not be recovered in tort. 
  1.18     (c) The economic loss recoverable in tort under this 
  1.19  section does not include economic loss due to damage to the 
  1.20  goods themselves. 
  1.21     (d) The economic loss recoverable in tort under this 
  1.22  section does not include economic loss incurred by a 
  1.23  manufacturer of goods arising from damage to the manufactured 
  1.24  goods and caused by a component of the goods. 
  1.25     (e) This section shall not be interpreted to bar tort 
  2.1   causes of action based upon fraud or fraudulent or intentional 
  2.2   misrepresentation or limit remedies for those actions. 
  2.3      Sec. 2.  [REPEALER; EFFECTIVE DATE.] 
  2.4      Laws 1998, First Special Session chapter 2, is repealed 
  2.5   effective April 23, 1998.