Minn. Stat. § 583.284: RETENTION OF PURCHASE MONEY SECURITY INTEREST.
Where this section sits in the code
- POSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS
- CHAPTER 583. FARMER-LENDER MEDIATION
- FARMER-LENDER MEDIATION ACT
If a creditor has a purchase money security interest under section 336.9-103, and renegotiates the debt under the Farmer-Lender Mediation Act to reduce the principal balance or the interest rate or to extend the repayment period, the creditor retains the purchase money security interest for the renegotiated debt.
Collected 2026-09-02T22:10:50Z. Source file · JSON