Minnesota Session Laws - 1991, Regular Session

  

                         Laws of Minnesota 1991 

                         CHAPTER 12-H.F.No. 275 
           An act relating to commerce; prohibiting the unlawful 
          assignment of certain motor vehicle contracts; 
          proposing coding for new law in Minnesota Statutes, 
          chapter 325F. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  [325F.666] [UNLAWFUL REASSIGNMENT OF CERTAIN 
MOTOR VEHICLE CONTRACTS.] 
    Subdivision 1.  [CONTRACTS SUBJECT TO LAW.] This section 
applies to contracts that transfer a right or interest in a 
motor vehicle, including lease contracts, conditional sales 
contracts, retail sales installment contracts, and security 
agreements. 
    Subd. 2.  [UNAUTHORIZED TRANSFERS.] A person who is not a 
party to a contract referred to in subdivision 1, and who has 
not first obtained written authorization from the secured 
creditor, lessor, or lienholder, may not do the following acts 
if that person receives consideration for so doing: 
    (1) get control of the motor vehicle and then sell, 
transfer, assign, or lease it to another person; or 
    (2) assist, cause, or arrange the actual or purported sale, 
transfer, assignment, or lease of the motor vehicle to another 
person. 
    Subd. 3.  [CIVIL REMEDIES.] Any person injured by a 
violation of this section may bring a civil action to enforce 
this section and recover any actual damages, costs and 
disbursements, including reasonable attorneys fees incurred in 
the civil action.  In addition to the remedies provided in this 
section, the attorney general may bring an action pursuant to 
section 8.31 against any person for violation of this section. 
    Presented to the governor March 26, 1991 
    Signed by the governor March 27, 1991, 3:30 p.m.