Any debtor has the right to rescind any debt management services agreement with a debt management services provider that commits a material violation of this chapter. On rescission, all fees paid to the debt management services provider or any other person other than creditors of the debtor must be returned to the debtor entering into the debt management services agreement within ten days of rescission of the debt management services agreement.
2007 c 57 art 3 s 59
Structure Minnesota Statutes
Chapters 324 - 341 — Trade Regulations, Consumer Protection
Chapter 332A — Debt Management Services
Section 332A.02 — Definitions.
Section 332A.03 — Requirement Of Registration.
Section 332A.04 — Registration.
Section 332A.05 — Nonassignment Of Registration.
Section 332A.06 — Renewal Of Registration.
Section 332A.07 — Other Duties Of Registrant.
Section 332A.08 — Denial Of Registration.
Section 332A.09 — Suspending, Revoking, Or Refusing To Renew Registration.
Section 332A.10 — Written Debt Management Services Agreement.
Section 332A.11 — Right To Cancel.
Section 332A.12 — Books, Records, And Information.
Section 332A.13 — Fees, Payments, And Consent Of Creditors.
Section 332A.14 — Prohibitions.
Section 332A.16 — Advertisement Of Debt Management Services.
Section 332A.17 — Debt Management Services Agreement Rescission.