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Chapter 332
Section 332.345
Topics
Recent History
- 2021 332.345 Amended 2021 c 4 art 5 s 15
- 2008 332.345 New 2008 c 344 s 55
This is an historical version of this statute chapter. Also view the most recent published version.
332.345 SEGREGATED ACCOUNTS.
A payment collected by a collector or collection agency on behalf of a customer shall be held by the collector or collection agency in a separate trust account clearly designated for customer funds. The account must be in a bank or other depository institution authorized or chartered under the laws of any state or of the United States.
History:
Official Publication of the State of Minnesota
Revisor of Statutes