Minnesota § 332.32 - EXCLUSIONS
Full text of Minnesota Minnesota Statutes § 332.32 — EXCLUSIONS, with citation guidance and answers to common questions.
§ 332.32. EXCLUSIONS
(a) The term "collection agency" does not include banks when collecting accounts owed to the banks and when the bank will sustain any loss arising from uncollectible accounts, abstract companies doing an escrow business, real estate brokers, public officers, persons acting under order of a court, lawyers, trust companies, insurance companies, credit unions, savings associations, loan or finance companies unless they are engaged in asserting, enforcing or prosecuting unsecured claims which have been purchased from any person, firm, or association when there is recourse to the seller for all or part of the claim if the claim is not collected.
(b) The term "collection agency" shall not include a trade association performing services authorized by section 604.15, subdivision 4a, but the trade association in performing the services may not engage in any conduct that would be prohibited for a collection agency under section 332.37.
History:
1969 c 766 s 2; 1995 c 202 art 1 s 25; 2012 c 173 s 2; 1Sp2021 c 4 art 5 s 6
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 332.32
What does Minnesota Statutes § 332.32 cover?
Section 332.32 ("EXCLUSIONS") 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 § 332.32?
A common citation format is "Minnesota Statutes § 332.32" (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 § 332.32 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.