Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2675 - FINANCIAL INSTITUTIONS
INDUSTRIAL LOAN AND THRIFT COMPANIES
Part 2675.5130 - MANAGEMENT
Universal Citation: MN Rules 2675.5130
Current through Register Vol. 49, No. 13, September 23, 2024
Subpart 1. License criteria.
Certificates of authorization are granted after consideration of the experience, character, and general fitness of the officer or manager in charge of the licensed office.
Subp. 2. Change of managing officer.
Changes of such managing officer which occur must be reported promptly, in writing, to the commissioner of commerce, in advance of the effective date of change when circumstances permit, but in any event within ten days of such transfer.
Statutory Authority: MS s 46.01
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