Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
48.35 CLEARINGHOUSES.
Clearinghouses may make and enforce suitable provisions for effecting, at one place, daily
exchanges and the settlement and adjustment of accounts between banks in the same locality
and, under appropriate rules, may issue clearinghouse certificates for those purposes only, and
may otherwise act in maintaining and enforcing uniformity of methods and harmonious action
in banking business.
History: (7697) RL s 3008; 1985 c 248 s 70
Clearinghouses may make and enforce suitable provisions for effecting, at one place, daily
exchanges and the settlement and adjustment of accounts between banks in the same locality
and, under appropriate rules, may issue clearinghouse certificates for those purposes only, and
may otherwise act in maintaining and enforcing uniformity of methods and harmonious action
in banking business.
History: (7697) RL s 3008; 1985 c 248 s 70
Official Publication of the State of Minnesota
Revisor of Statutes