§ 59D.01 Application
§ 59D.02 Definitions
§ 59D.03 Commercial Transactions Exempted
§ 59D.04 Guaranteed Asset Protection Waiver Requirements
§ 59D.05 Contractual Liability or Other Insurance Policies
§ 59D.06 Disclosures
§ 59D.07 Cancellation; Refunds
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Terms Used In Minnesota Statutes > Chapter 59D - Guaranteed Asset Protection Waivers

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.