1997 Minnesota Statutes

     48.995 Foreign corporation filing. 

    Subdivision 1.    Trust powers.  A bank that holds trust 
 powers may conduct the activity through a host state branch 
 provided it complies with section 303.25.  

    Subd. 2.    Filing with secretary of state.  
 Notwithstanding section 303.03, the branch in a host state must 
 operate under a certificate of authority filed with the 
 Minnesota secretary of state. 

    Subd. 3.    Definition.  For purposes of this section, 
 "host state" means a state other than the home state, as defined 
 in section 48.92. 

    HIST: 1995 c 202 art 4 s 21 

*   NOTE:  This section expires May 31, 1997.  Laws 1995, 
*chapter 202, article 4, section 24.