Court of Appeals of Minnesota August 8, 1995, C8-95-560 (John David Contracting, Inc. v. Brozek)

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United States · · · 08-08-1995

OPINION

KALITOWSKI, Judge.

Appellants Peter and Dubravka Brozek contend the district court erred in finding their construction contract with respondent John David Contracting was an open end credit plan under Minn.Stat. § 334.16(l)(b) (1992) thereby entitling respondent to charge more than the maximum interest rate allowed by Minn.Stat. § 334.01.

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