Minn. Stat. § 55.12
This is the official text of Minn. Stat. § 55.12, part of Minnesota’s Stat — part of the compiled statutory law of Minnesota, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 55.12 LIABILITY MAY BE LIMITED.
Official statutory text
Any licensed safe deposit company may, in any lease or contract governing or regulating the use of any safe deposit box to or by any customer or customers, limit its liability as such lessor or bailee in the following respects:
(1) limit its total liability for any loss by negligence to such maximum amount as may be stipulated; and
(2) stipulate that it shall in no event be liable for loss of such valuable property as may be excepted against in such lease or contract.
(1) limit its total liability for any loss by negligence to such maximum amount as may be stipulated; and
(2) stipulate that it shall in no event be liable for loss of such valuable property as may be excepted against in such lease or contract.
Status: in_force · Read it on the official government site
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