as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 04/28/1999 |
1.1 A bill for an act 1.2 relating to financial institutions; changing 1.3 requirements for relocation of a main office; amending 1.4 Minnesota Statutes 1998, section 47.101, by adding a 1.5 subdivision. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1998, section 47.101, is 1.8 amended by adding a subdivision to read: 1.9 Subd. 4. [HOME BANK PROTECTION.] No relocation of a main 1.10 office of a banking institution to a municipality having a 1.11 population of 10,000 or less may occur unless all the banks 1.12 having a principal office in the municipality have consented in 1.13 writing to the relocation.