Minnesota § 321.0107 - SUPPLEMENTAL PRINCIPLES OF LAW; RATE OF INTEREST
Full text of Minnesota Minnesota Statutes § 321.0107 — SUPPLEMENTAL PRINCIPLES OF LAW; RATE OF INTEREST, with citation guidance and answers to common questions.
§ 321.0107. SUPPLEMENTAL PRINCIPLES OF LAW; RATE OF INTEREST
(a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
(b) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in section 334.01.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 321.0107
What does Minnesota Statutes § 321.0107 cover?
Section 321.0107 ("SUPPLEMENTAL PRINCIPLES OF LAW; RATE OF INTEREST") 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 § 321.0107?
A common citation format is "Minnesota Statutes § 321.0107" (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 § 321.0107 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.