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80B.12 APPLICATION OF CORPORATE TAKEOVER LAW.

Subdivision 1.

[Repealed, 1984 c 488 s 19]

Subd. 2.Nonapplication to certain utilities and financial institutions.

If the target company is a public utility, public utility holding company, national banking association, bank holding company or savings association subject to regulation by a federal agency and the takeover of such company is subject to approval by that agency sections 80B.01 to 80B.13 shall not apply.

Subd. 3.

[Repealed, 1984 c 488 s 19]

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Revisor of Statutes