Minn. Stat. § 48.96
Supervision
Minnesota · Minnesota Statutes Chapter 48 — Banks · Status: effective
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- Citation
- Minn. Stat. § 48.96, Supervision, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1695482
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Full text
The department may enter into cooperative and reciprocal agreements with federal or state regulatory authorities responsible for supervision of out-of-state bank holding companies for exchange or acceptance of reports of examination and other records from the authorities in lieu of conducting its own examinations. The department may enter into joint actions with federal or state regulatory authorities responsible for supervision of out-of-state bank holding companies to carry out its responsibilities and assure compliance with the laws of this state.