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DAHL v. LANESBORO STATE BANK

No. CO-86-1548.

399 N.W.2d 621 (1987)

Eldon H. DAHL, et al., Appellants, v. LANESBORO STATE BANK, Respondent.

Court of Appeals of Minnesota.

Review Denied March 25, 1987.

Attorney(s) appearing for the Case

John M. Mulcahey, Petersen & Orwoll, Rochester, for appellants.

Thomas M. Manion, Jr., Herrick and Manion, Lanesboro, for respondent.

Heard, considered and decided by POPOVICH, C.J., and PARKER and LESLIE, JJ.

OPINION

POPOVICH, Chief Judge.

Appellants challenge a summary judgment dismissing their claim alleging respondent charged usurious interest rates. They assert the trial court erred because respondent was limited to charging interest rates permissible under Minn.Stat. § 334.011 (1982). We affirm.

FACTS

Between January 16, 1981 and October 17, 1983, appellants Eldon H. Dahl and Jeanette M...

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