Minnesota § 51A.53 POWERS OF FEDERAL ASSOCIATIONS; APPROVAL

Minnesota Statutes

§ 51A.53 — POWERS OF FEDERAL ASSOCIATIONS; APPROVAL

Minnesota § 51A.53

PartBANKING

Ch. 51ASAVINGS ASSOCIATIONS

This text of Minnesota § 51A.53 (POWERS OF FEDERAL ASSOCIATIONS; APPROVAL) 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. § 51A.53 (2026).

Text

Subject to the approval of the commissioner, any savings association organized under sections51A.01to51A.58is vested with all powers conferred upon a federal association organized under the laws and regulations of the United States or its agencies, as amended, as fully and completely as if the powers were specifically enumerated and described herein, provided that the same are not specifically prohibited by state law.

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Subject to the approval of the commissioner, any savings association organized under sections51A.01to51A.58is vested with all powers conferred upon a federal association organized under the laws and regulations of the United States or its agencies, as amended, as fully and completely as if the powers were specifically enumerated and described herein, provided that the same are not specifically prohibited by state law.