Minnesota § 334.061 - AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE LIMITATIONS
Full text of Minnesota Minnesota Statutes § 334.061 — AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE LIMITATIONS, with citation guidance and answers to common questions.
§ 334.061. AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE LIMITATIONS
A state chartered agricultural credit corporation operating under United States Code, title 12, sections 1401, 1402, 1403, and 1404 may make a charge on its loans at a rate of not more than 4-1/2 percent in excess of the discount rate on 90-day commercial paper in effect at the Federal Reserve Bank in the Federal Reserve District encompassing Minnesota.
History:
1976 c 158 s 1; 1981 c 347 s 3
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 334.061
What does Minnesota Statutes § 334.061 cover?
Section 334.061 ("AGRICULTURAL CREDIT CORPORATIONS; INTEREST RATE LIMITATIONS") 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 § 334.061?
A common citation format is "Minnesota Statutes § 334.061" (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 § 334.061 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.