MINNESOTA

6 Years Oral and Written Contracts; 541.05

541.05 Various cases, six years.

Subdivision 1. Except where the Uniform Commercial Code otherwise prescribes, the following actions shall be commenced within six years:

(1) Upon a contract or other obligation, express or implied, as to which no other limitation is expressly prescribed;

336.2-725 Sale Of Goods- Installment Sales. 4 years

Statute of limitations in contracts for sale.

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

NO "REAGING" OF SOL ALLOWED

541.17 New promise must be in writing.

No acknowledgment or promise shall be evidence of a new or continuing contract sufficient to take the case out of the operation of this chapter unless the same is contained in some writing signed by the party to be charged thereby; but this section shall not alter the effect of a payment of principal or interest.

THIS MEANS THAT IF YOU PAY AFTER THE START OF SOL YOUR PAYMENTS CAN BE CREDITED TO YOUR ACCOUNT,BUT IT CAN NOT "RE-AGE" YOUR SOL