2002 Minnesota Statutes

     336.1-206 Statute of frauds for kinds of personal 
  property not otherwise covered. 

    (1) Except in the cases described in subsection (2) of this 
 section a contract for the sale of personal property is not 
 enforceable by way of action or defense beyond $5,000 in amount 
 or value of remedy unless there is some writing which indicates 
 that a contract for sale has been made between the parties at a 
 defined or stated price, reasonably identifies the subject 
 matter, and is signed by the party against whom enforcement is 
 sought or by that party's authorized agent.  

    (2) Subsection (1) of this section does not apply to 
 contracts for the sale of goods (section 336.2-201) nor of 
 securities (section 336.8-113) nor to security agreements 
 (section 336.9-203).  

    HIST: 1965 c 811 s 336.1-206; 1986 c 444; 1995 c 194 art 3 s 2