Minnesota § 46.23 UNSAFE PRACTICES; DEFINITIONS

Minnesota Statutes

§ 46.23 — UNSAFE PRACTICES; DEFINITIONS

Minnesota § 46.23

PartBANKING

Ch. 46GENERAL BANKING POWERS

This text of Minnesota § 46.23 (UNSAFE PRACTICES; DEFINITIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 46.23 (2026).

Text

Subdivision 1.Scope.
For purposes of sections46.23to46.33, the following terms shall have the meanings here given them.

Subd. 2.Cease and desist order which has become final; order which has become final.
"Cease and desist order which has become final" and "order which has become final" mean a cease and desist order, or an order issued by the commissioner with the consent of the institution or the director, trustee, officer, or other person concerned, with respect to which no timely petition for review of the action of the commissioner has been filed in a district court as specified in section46.30, subdivision 2, or with respect to which the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state.

Subd. 3.Commissione

Free access — add to your briefcase to read the full text and ask questions with AI

Subdivision 1.Scope.
For purposes of sections46.23to46.33, the following terms shall have the meanings here given them.

Subd. 2.Cease and desist order which has become final; order which has become final.
"Cease and desist order which has become final" and "order which has become final" mean a cease and desist order, or an order issued by the commissioner with the consent of the institution or the director, trustee, officer, or other person concerned, with respect to which no timely petition for review of the action of the commissioner has been filed in a district court as specified in section46.30, subdivision 2, or with respect to which the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state.

Subd. 3.Commissioner.
"Commissioner" means the commissioner of commerce.

Subd. 4.Institution.
"Institution" means a bank, savings bank, savings association, trust company, credit union, industrial loan and thrift company, small loan company, safe deposit company, investment company, debt prorating agency, insurance premium finance company, or motor vehicle retail installment sales finance company subject to the supervision of the commissioner.

Subd. 5.Violation.
"Violation" includes without limitation any action, alone or with others, toward causing, bringing about, participating in, counseling, or aiding or abetting a violation.