Office of the Revisor of Statutes
2020 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
325A.07 RESTRICTION ON USE OF NEGOTIABLE INSTRUMENTS.
In connection with a contract for invention development services, the invention developer shall not take from a customer a negotiable instrument other than a check as evidence of the obligation of the customer. A holder is not a holder in due course if the holder takes a negotiable instrument taken from a customer in violation of this section.
History:
1977 c 288 s 7; 1986 c 444
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Revisor of Statutes