{"data":{"id":"us-mn/minn.-stat.-223.175","jurisdiction":"us-mn","citation":"Minn. Stat. § 223.175","heading":"WRITTEN VOLUNTARY EXTENSION OF CREDIT CONTRACTS; FORM.","body":"A written confirmation required under section 223.177, subdivision 2, and a written voluntary extension of credit contract must include those items prescribed by the commissioner by rule. A contract shall include a statement of the legal and financial responsibilities of grain buyers and sellers established in this chapter. A contract shall also include the following statement in not less than ten point, all capital type, framed in a box with space provided for the seller's signature: \"THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT MAY NOT BE COVERED COMPLETELY BY THE GRAIN INDEMNITY ACCOUNT.\" If a written contract is provided at the time the grain is delivered to the grain buyer, the seller shall sign the contract in the space provided beneath the statement. A transaction that does not meet the provisions of a voluntary extension of credit, including the issuance and signing of a voluntary extension of credit contract, is a cash sale.","path":["FARM PRODUCTS, COMMERCIAL PRACTICES","CHAPTER 223. GRAIN BUYERS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/223.175","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:37Z","sha256":"34cefc0b5fa0249f380960f6287a6153dfd2495d5697a443af48ef727515a821","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-223.17","next":"us-mn/minn.-stat.-223.177"},"notice":"GroundRules: Original legal text. Not legal advice."}