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2006 Minnesota Statutes
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Chapter 48
Section 48.01
Recent History
- 2015 Subd. 2 Amended 2015 c 5 art 15 s 1
- 1998 Subd. 1 Amended 1998 c 331 s 2
- 1998 Subd. 2 Amended 1998 c 331 s 3
- 1997 Subd. 2 Amended 1997 c 157 s 20
- 1995 Subd. 2 Amended 1995 c 171 s 29
This is an historical version of this statute chapter. Also view the most recent published version.
48.01 DEFINITIONS.
Subdivision 1. Words, terms, and phrases. Unless the language or context clearly indicates
that a different meaning is intended, the term defined in subdivision 2, for the purposes of sections
48.56 to 48.59, 48A.07, and 48A.08, has that meaning; and the term defined in subdivision 3, for
the purposes of this chapter, has that meaning.
Subd. 2. Banking institution. The term "banking institution" means any bank, trust
company, bank and trust company, or savings bank which is now or may hereafter be organized
under the laws of this state. For purposes of sections 48A.07, 48A.08, and501B.151, subdivision
11 , and to the extent permitted by federal law, "banking institution" includes any national banking
association or affiliate exercising trust powers in this state.
Subd. 3. Commissioner. "Commissioner" means the commissioner of commerce of the
state of Minnesota.
History: (7658-6) 1935 c 319 s 1; 1982 c 473 s 9; 1983 c 289 s 114 subd 1; 1984 c 655 art 1
s 92; 1992 c 473 s 1,2; 1995 c 171 s 29; 1997 c 157 s 20; 1998 c 331 s 2,3
Subdivision 1. Words, terms, and phrases. Unless the language or context clearly indicates
that a different meaning is intended, the term defined in subdivision 2, for the purposes of sections
48.56 to 48.59, 48A.07, and 48A.08, has that meaning; and the term defined in subdivision 3, for
the purposes of this chapter, has that meaning.
Subd. 2. Banking institution. The term "banking institution" means any bank, trust
company, bank and trust company, or savings bank which is now or may hereafter be organized
under the laws of this state. For purposes of sections 48A.07, 48A.08, and
11
association or affiliate exercising trust powers in this state.
Subd. 3. Commissioner. "Commissioner" means the commissioner of commerce of the
state of Minnesota.
History: (7658-6) 1935 c 319 s 1; 1982 c 473 s 9; 1983 c 289 s 114 subd 1; 1984 c 655 art 1
s 92; 1992 c 473 s 1,2; 1995 c 171 s 29; 1997 c 157 s 20; 1998 c 331 s 2,3
Official Publication of the State of Minnesota
Revisor of Statutes