Minnesota Legislature
Office of the Revisor of Statutes
2023 Minnesota Statutes
53B.35 RELATIONSHIP TO FEDERAL LAW.
(a) In the event state money transmission jurisdiction is conditioned on a federal law, any inconsistencies between a provision of this chapter and the federal law governing money transmission is governed by the applicable federal law to the extent of the inconsistency.
(b) In the event of any inconsistencies between this chapter and a federal law that governs pursuant to paragraph (a), the commissioner may provide interpretive guidance that:
(1) identifies the inconsistency; and
(2) identifies the appropriate means of compliance with federal law.
History:
Official Publication of the State of Minnesota
Revisor of Statutes