Minnesota § 46A.07 COMMISSIONER'S POWERS

Minnesota Statutes

§ 46A.07 — COMMISSIONER'S POWERS

Minnesota § 46A.07

PartBANKING

Ch. 46ACUSTOMER INFORMATION DATA SECURITY

This text of Minnesota § 46A.07 (COMMISSIONER'S POWERS) 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. § 46A.07 (2026).

Text

(a)The commissioner has the power to examine and investigate the affairs of any covered financial institution to determine whether the financial institution has been or is engaged in any conduct that violates this chapter. This power is in addition to the powers granted to the commissioner under section46.01.

(b)If the commissioner has reason to believe that a financial institution has been or is engaged in conduct in Minnesota that violates this chapter, the commissioner may take action necessary or appropriate to enforce this chapter.

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(a) The commissioner has the power to examine and investigate the affairs of any covered financial institution to determine whether the financial institution has been or is engaged in any conduct that violates this chapter. This power is in addition to the powers granted to the commissioner under section46.01.
(b) If the commissioner has reason to believe that a financial institution has been or is engaged in conduct in Minnesota that violates this chapter, the commissioner may take action necessary or appropriate to enforce this chapter.