Minnesota Statutes

Minn. Stat. § 56.22 (2026)

Modification Of Law Not To Affect Contracts

✓ current as of May 2026

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This chapter, or any part thereof, may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder; provided, that such cancellation or alteration shall not impair or affect the obligation of any preexisting lawful contract between any licensee and any borrower.

Notes of Decisions

Cited in 1 case, 1985–1985 · leading case: McCormick v. Custom Pools, Inc., 376 N.W.2d 471 (Minn. Ct. App. 1985).

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McCormick v. Custom Pools, Inc., 376 N.W.2d 471 (Minn. Ct. App. 1985). · cites it 2× “Haydock, Minnesota Practice § 56.22, at 73 (1985). Summary judgment is appropriate, however, where material facts are undisputed and, as a matter of law, compel only one conclusion.”

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