47.56 TRANSFER OF LOCATION.
The location of a detached facility transferred to another location outside of a radius of three
miles measured in a straight line is subject to the same procedures and approval as required
hereunder for establishing a new detached facility. The location of a detached facility transferred
to another location within the lesser of a radius of three miles measured in a straight line from
the existing location or the municipality, as defined in section
47.51, in which it is located is
subject to the same procedures and approval as are required in section
47.101, subdivision 2. The
relocation of a detached facility within a municipality of 10,000 or less population shall not
require consent of other banks required in section
47.52.
History: 1971 c 855 s 6; 1993 c 257 s 12; 1995 c 202 art 2 s 6; 1997 c 157 s 11