2025 Session
Last amended: 1976 session
§ 349.23 — Validity of Prior Agreements
Plain-Language Summary
Preserves the validity of contracts between gambling organizations and lenders made before the 1976 gambling law.
349.23 VALIDITY OF PRIOR AGREEMENTS.
Nothing in sections 349.11 to 349.22 shall be construed to affect the validity of any agreement or contract between an organization and any financial or lending institution, entered into prior to August 1, 1976.
History:
History: History:
1976 c 261 s 13
Practical Notes
Agreements with banks or lenders signed before August 1, 1976 remain enforceable under this chapter.