325G.415 CREDIT CARD DISCLOSURE REPORTS.
Subdivision 1.
Filing with commissioner of finance. A creditor who distributes a credit
card application in this state after July 31, 1992, must file with the commissioner of finance 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 commissioner of finance 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 commissioner of finance may adopt other rules as necessary to administer subdivision 1.
History: 1992 c 552 s 1; 2003 c 112 art 12 s 50