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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 336.2A-109: OPTION TO ACCELERATE AT WILL.

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Where this section sits in the code
  1. TRADE REGULATIONS, CONSUMER PROTECTION
  2. CHAPTER 336. UNIFORM COMMERCIAL CODE
  3. Article 2A LEASES
  4. Part 1 GENERAL PROVISIONS

A term providing that one party or the party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when the party deems self insecure" or in words of similar import must be construed to mean that the party has power to do so only if the party in good faith believes that the prospect of payment or performance is impaired.

Collected 2026-09-02T22:10:43Z. Source file · JSON

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