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SF 571

as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 09:01am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9
1.10

A bill for an act
relating to financial institutions; repealing an administrative rule restricting the
capitalization of permanent improvements to other real estate owned by a bank;
repealing Minnesota Rules, part 2675.2170, item F.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin RULE REPEALER; RESTRICTING THE CAPITALIZATION OF
PERMANENT IMPROVEMENTS TO OTHER REAL ESTATE OWNED BY A
BANK.
new text end

new text begin Minnesota Rules, part 2675.2170, item F, new text end new text begin is repealed.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end