59B.01 SCOPE AND PURPOSE.
(a) The purpose of this chapter is to create a legal framework within which service contracts
may be sold in this state.
(b) The following are exempt from this chapter:
(1) warranties;
(2) maintenance agreements;
(3) warranties, service contracts, or maintenance agreements offered by public utilities, as
defined in section
216B.02, subdivision 4, or an entity or operating unit owned by or under
common control with a public utility;
(4) service contracts sold or offered for sale to persons other than consumers;
(5) service contracts on tangible property where the tangible property for which the service
contract is sold has a purchase price of $250 or less, exclusive of sales tax;
(6) motor vehicle service contracts as defined in section
65B.29, subdivision 1, paragraph (1);
(7) service contracts for home security equipment installed by a licensed technology systems
contractor; and
(8) motor club membership contracts that typically provide roadside assistance services
to motorists stranded for reasons that include, but are not limited to, mechanical breakdown
or adverse road conditions.
(c) The types of agreements referred to in paragraph (b) are not subject to chapters 60A to
79A, except as otherwise specifically provided by law.
History: 1Sp2005 c 1 art 5 s 1