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2007 Minnesota Statutes
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Chapter 47
Section 47.51
Topics
Recent History
- 2001 47.51 Amended 2001 c 56 s 2
- 1996 47.51 Amended 1996 c 414 art 3 s 3
This is an historical version of this statute chapter. Also view the most recent published version.
47.51 DETACHED BANKING FACILITIES; DEFINITIONS.
As used in sections 47.51 to 47.57:
"Extension of the main banking house" means any structure or stationary mechanical device
serving as a drive-in or walk-up facility, or both, which is located within 1,500 feet of the
main banking house or detached facility, the distance to be measured in a straight line from the
closest points of the closest structures involved and which performs one or more of the functions
described in section 47.53. An unstaffed after-hour depository drop box located anywhere within
the municipality where the bank's main office or detached facility is located is also considered
an extension of the main banking house even if it is not located within 1,500 feet of the main
banking house or detached facility.
"Detached facility" means any permanent structure, office accommodation located within
the premises of any existing commercial or business establishment, stationary automated remote
controlled teller facility, stationary unstaffed cash dispensing or receiving device, located separate
and apart from the main banking house which is not an "extension of the main banking house"
as above defined, that serves as a drive-in or walk-up facility, or both, with one or more tellers
windows, or as a remote controlled teller facility or a cash dispensing or receiving device, and
which performs one or more of those functions described in section 47.53.
"Bank" means a bank as defined in section 46.046 and any banking office established prior to
the effective date of Laws 1923, chapter 170, section 1.
"Commissioner" means the commissioner of commerce.
"Municipality" means the geographical area encompassing the boundaries of any home rule
charter or statutory city located in this state, and any detached area, pursuant to section 473.625,
operated as a major airport by the Metropolitan Airports Commission pursuant to sections
473.601 to 473.679. When a bank is located in a township, the term municipality is expanded to
mean the geographical area encompassing the boundaries of the township.
History: 1971 c 855 s 1; 1977 c 378 s 1; 1979 c 220 s 1; 1981 c 220 s 6; 1983 c 289 s 114
subd 1; 1984 c 655 art 1 s 92; 1985 c 248 s 18; 1986 c 444; 1996 c 414 art 3 s 3; 2001 c 56 s 2
As used in sections 47.51 to 47.57:
"Extension of the main banking house" means any structure or stationary mechanical device
serving as a drive-in or walk-up facility, or both, which is located within 1,500 feet of the
main banking house or detached facility, the distance to be measured in a straight line from the
closest points of the closest structures involved and which performs one or more of the functions
described in section 47.53. An unstaffed after-hour depository drop box located anywhere within
the municipality where the bank's main office or detached facility is located is also considered
an extension of the main banking house even if it is not located within 1,500 feet of the main
banking house or detached facility.
"Detached facility" means any permanent structure, office accommodation located within
the premises of any existing commercial or business establishment, stationary automated remote
controlled teller facility, stationary unstaffed cash dispensing or receiving device, located separate
and apart from the main banking house which is not an "extension of the main banking house"
as above defined, that serves as a drive-in or walk-up facility, or both, with one or more tellers
windows, or as a remote controlled teller facility or a cash dispensing or receiving device, and
which performs one or more of those functions described in section 47.53.
"Bank" means a bank as defined in section 46.046 and any banking office established prior to
the effective date of Laws 1923, chapter 170, section 1.
"Commissioner" means the commissioner of commerce.
"Municipality" means the geographical area encompassing the boundaries of any home rule
charter or statutory city located in this state, and any detached area, pursuant to section 473.625,
operated as a major airport by the Metropolitan Airports Commission pursuant to sections
473.601 to 473.679. When a bank is located in a township, the term municipality is expanded to
mean the geographical area encompassing the boundaries of the township.
History: 1971 c 855 s 1; 1977 c 378 s 1; 1979 c 220 s 1; 1981 c 220 s 6; 1983 c 289 s 114
subd 1; 1984 c 655 art 1 s 92; 1985 c 248 s 18; 1986 c 444; 1996 c 414 art 3 s 3; 2001 c 56 s 2
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Revisor of Statutes