332.72 COERCED DEBT PROHIBITED.

(a) A person is prohibited from causing another person to incur coerced debt.

(b) A person who causes another person to incur a coerced debt in violation of this section is civilly liable to the creditor for the amount of the debt, or portion of the debt, determined by a court to be coerced debt, plus the creditor’s reasonable attorney fees and costs, provided the creditor follows the procedures under section 332.74, subdivision 3, paragraph (b).

History:

2023 c 57 art 3 s 70; 2024 c 114 art 3 s 73

History: History: 2023 c 57 art 3 s 70; 2024 c 114 art 3 s 73