Minnesota § 49.39 CONSOLIDATION OR MERGER OF BANKS AND TRUST COMPANIES

Minnesota Statutes

§ 49.39 — CONSOLIDATION OR MERGER OF BANKS AND TRUST COMPANIES

Minnesota § 49.39

PartBANKING

Ch. 49LIQUIDATION, CONSOLIDATION, MERGER

This text of Minnesota § 49.39 (CONSOLIDATION OR MERGER OF BANKS AND TRUST COMPANIES) 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. § 49.39 (2026).

Text

Upon the consolidation or merger of a trust company with a national banking corporation into a consolidated or merged banking corporation, as provided by any existing act of Congress of the United States, the corporate existence of that trust company shall be consolidated or merged into that of the consolidated or merged banking corporation to the same extent and with the same effect provided in section49.38, relating to the consolidation or merger of two or more state banks or trust companies.

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Upon the consolidation or merger of a trust company with a national banking corporation into a consolidated or merged banking corporation, as provided by any existing act of Congress of the United States, the corporate existence of that trust company shall be consolidated or merged into that of the consolidated or merged banking corporation to the same extent and with the same effect provided in section49.38, relating to the consolidation or merger of two or more state banks or trust companies.