language to be deleted (2) new language
Laws of Minnesota 1992 CHAPTER 552-H.F.No. 2608 An act relating to consumer protection; requiring certain creditors to file credit card disclosure reports with the state treasurer; providing rulemaking authority; proposing coding for new law in Minnesota Statutes, chapter 325G. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. [325G.415] [CREDIT CARD DISCLOSURE REPORTS.] Subdivision 1. [FILING WITH STATE TREASURER.] A creditor who distributes a credit card application in this state after the effective date of this section must file with the state treasurer a written report containing the disclosures required or allowed by sections 325G.42 and 325G.46. This report must be filed annually on December 31. Subd. 2. [RULEMAKING.] The state treasurer shall adopt rules governing: (1) the form and content of reports to be filed under subdivision 1; and (2) public access to the information filed. The state treasurer may adopt other rules as necessary to administer subdivision 1. Sec. 2. [EFFECTIVE DATE.] Section 1 is effective July 31, 1992. Presented to the governor April 17, 1992 Signed by the governor April 27, 1992, 2:03 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes