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Minnesota Legislature

Office of the Revisor of Statutes

48.96 SUPERVISION.
The department may enter into cooperative and reciprocal agreements with federal or state
regulatory authorities responsible for supervision of out-of-state bank holding companies for
exchange or acceptance of reports of examination and other records from the authorities in lieu of
conducting its own examinations. The department may enter into joint actions with federal or
state regulatory authorities responsible for supervision of out-of-state bank holding companies to
carry out its responsibilities and assure compliance with the laws of this state.
History: 1986 c 339 s 10; 1995 c 202 art 4 s 18