Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
49.33 CONSOLIDATION AND MERGER, WHEN AUTHORIZED.
Subject to the provisions of sections 49.33 to 49.41, with the written consent of the
commissioner of commerce, any bank, savings bank, or trust company may effect a transfer
of its assets and liabilities to another bank, savings bank, or trust company for the purpose of
consolidating or merging, but the same shall be without prejudice to the creditors of either.
History: (7692) RL s 3004; 1983 c 289 s 114 subd 1; 1989 c 166 s 8; 1997 c 157 s 31
Subject to the provisions of sections 49.33 to 49.41, with the written consent of the
commissioner of commerce, any bank, savings bank, or trust company may effect a transfer
of its assets and liabilities to another bank, savings bank, or trust company for the purpose of
consolidating or merging, but the same shall be without prejudice to the creditors of either.
History: (7692) RL s 3004; 1983 c 289 s 114 subd 1; 1989 c 166 s 8; 1997 c 157 s 31
Official Publication of the State of Minnesota
Revisor of Statutes