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2006 Minnesota Statutes

This is a historical version of this statute section. Also view the most recent published version.

58.17 SCOPE OF CHAPTER.
    Subdivision 1. Residential mortgage originator services. This chapter applies when an
offer of residential mortgage origination services is made to a borrower in this state or when the
residential mortgage originator is located in this state.
    Subd. 2. Residential mortgage servicing. The provisions of this chapter regarding
residential mortgage servicing apply when the borrower is a resident of this state.
    Subd. 3. Offer. For purposes of this section, an "offer" means any advertisement or
solicitation of any type, including an advertisement or solicitation in newspapers and magazines,
by mail, by telephone, on television, on radio, or via the Internet or any other electronic medium of
any kind, for residential mortgage originator services. The term "offer" excludes an advertisement
or solicitation that specifically states that the services are not available to Minnesota residents.
History: 1998 c 343 art 1 s 17

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