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Minnesota Legislature

Office of the Revisor of Statutes

One or more national banking associations which are located in this state and which have
taken the corporate action required therefor by the laws of the United States may merge or
consolidate with a state bank or banks. The merger or consolidation shall be effected in the
manner provided in sections 49.34 to 49.41, and governed by the provisions thereof except that
the name of the consolidated corporation shall not contain the word "national" and except that the
rights of dissenting stockholders of the national banking associations shall be those prescribed in
cases by the laws of the United States.
History: 1951 c 99 s 4; 1981 c 57 s 3