Minnesota Session Laws - 1983, Regular Session

  

                         Laws of Minnesota 1983 

                         CHAPTER 80--S.F.No. 332
           An act relating to financial institutions; banks; 
          authorizing the leasing of personal property to 
          employees, stockholders, directors, or officers; 
          amending Minnesota Statutes 1982, section 48.152, 
          subdivision 8; repealing Minnesota Statutes 1982, 
          section 48.152, subdivision 9. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1982, section 48.152, 
subdivision 8, is amended to read:  
    Subd. 8.  The total amount of unpaid rental obligations of 
a customer to a bank on personal property, shall constitute a 
liability of the customer within the meaning of section 48.24, 
subdivision subdivisions 1 and 4. 
    Sec. 2.  [REPEALER.] 
    Minnesota Statutes 1982, section 48.152, subdivision 9, is 
repealed.  
    Sec. 3.  [EFFECTIVE DATE.] 
    This act is effective the day after final enactment. 
    Approved May 9, 1983