MINNESOTA INTEREST RATE - Legal: 6% - Judgment 5% (Changes Yearly) Business or Agricultural Loan: 4% over federal discount rate STATUTE OF LIMITATIONS (IN YEARS) - Goods Sold & Delivered (UCC): 4 - Open Acct: 6 - Written Contract 6 - Transportation Service: 3 - Domestic Judgment 10 - Foreign Judgment 10 BAD CHECK LAWS (CIVIL PENALTY) - Amount due, $100 penalty, judgment interest rate, reasonable attorneys fees (if check over $1250), $15 service charge. GENERAL GARNISHMENT EXEMPTIONS - Greater of 75% or amount to 40 x fed. mm. hourly wage. COLLECTION AGENCY BOND & LICENSE - Bond: $20,000 - License: Yes - Fee: $1,000 - Initial $400 - Annual $10 - Per Collector