Minnesota Statutes 46.01 – Powers
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Subdivision 1.General.
The Department of Commerce shall have charge of the execution of all laws relating to state banks, savings banks, trust companies, savings associations, and other financial institutions organized under the laws of this state, and the business thereof.
Subd. 2.Rulemaking.
Terms Used In Minnesota Statutes 46.01
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 46.01
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
The commissioner of commerce may promulgate rules as necessary to administer or execute the laws relating to financial institutions subject to the commissioner’s supervision or examination.