Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2660 - RECIPROCAL INTERSTATE BRANCHING
Part 2660.0040 - NEW ASSOCIATION APPLICATION
Universal Citation: MN Rules 2660.0040
Current through Register Vol. 48, No. 39, March 25, 2024
Any application to organize an association under Minnesota Statutes, chapter 51A, may include control by a reciprocating state holding company if, in addition to the conditions in Minnesota Statutes, chapter 51A, the application does not present any facts that would be grounds for disapproval in part 2660.0030, subpart 5, and if the application would result in the acquisition and operation of no more than one association in this state by the same reciprocating state holding company.
Statutory Authority: MS s 45.023; 51A.58
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