Minnesota § 332.301 - BOND; BACKGROUND CHECK

Full text of Minnesota Minnesota Statutes § 332.301 — BOND; BACKGROUND CHECK, with citation guidance and answers to common questions.

§ 332.301. BOND; BACKGROUND CHECK

The commissioner may accept an initial surety bond or deposit in an amount less than $100,000 based upon the business plan of the accelerated mortgage payment provider, provided the commissioner obtains a third-party background check at the expense of the accelerated mortgage payment provider and from a source to be determined by the commissioner. The commissioner may require a third-party background check in connection with any accelerated mortgage payment provider at the expense of the accelerated mortgage payment provider, but no more often than annually.

History:

1994 c 638 s 3

Official Publication of the State of Minnesota
Revisor of Statutes

Frequently Asked Questions About Minnesota § 332.301

What does Minnesota Statutes § 332.301 cover?

Section 332.301 ("BOND; BACKGROUND CHECK") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 332.301?

A common citation format is "Minnesota Statutes § 332.301" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 332.301 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.