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48A.05 NATIONAL ASSOCIATIONS; POWERS.
The commissioner of commerce may authorize trust companies organized under the laws
of this state to engage in trust activity in which banks exercising trust powers subject to the
jurisdiction of the federal government may be authorized to engage. The commissioner may not
authorize trust companies to engage in an activity prohibited by the laws of this state.
History: 1998 c 331 s 18

Official Publication of the State of Minnesota
Revisor of Statutes