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Code · Minnesota · Chapter 47

47.0156 CLOSING EFFECTING A PERMANENT CESSATION OF BUSINESS.

50 words·~1 min read·/mn/chapter-47/47-0156

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47.0156 CLOSING EFFECTING A PERMANENT CESSATION OF BUSINESS.
The permanent closing of a financial institution as defined in section 47.015 or 47.0151 for purposes, or with a result, other than authorized in sections 47.015 to 47.0155 is unlawful unless at least 60 days' written notice is given to the commissioner.
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