Minnesota Session Laws - 1985, Regular Session

  

                         Laws of Minnesota 1985 

                        CHAPTER 203-S.F.No. 1278
           An act relating to financial institutions; providing 
          for the extension of certain loan assumptions; 
          amending Minnesota Statutes 1984, section 47.20, by 
          adding a subdivision. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1984, section 47.20, is 
amended by adding a subdivision to read:  
    Subd. 6c.  [EXTENSION OF CERTAIN LOAN ASSUMPTIONS.] 
Conventional loans made on or after June 1, 1979, and before May 
9, 1981, continue to be assumable under the provisions of 
Minnesota Statutes 1984, section 47.20, subdivision 6, until 
September 31, 1990. 
    Approved May 23, 1985