Section 47.27 — Definitions.
47.27 DEFINITIONS. Subdivision 1. Scope. Unless the language or context clearly indicates that a different meaning is intended, the words, terms, and phrases defined in subdivisions 2, 3 and 4, shall, for the purposes of sections 47.27 to 47.30, be given the meanings subjoined to them. Subd. 2. Savings bank. “Savings bank” shall have the […]
Section 47.28 — Savings Banks May Convert Into Savings Associations.
47.28 SAVINGS BANKS MAY CONVERT INTO SAVINGS ASSOCIATIONS. Subdivision 1. Procedure. Any savings bank organized and existing under and by virtue of the law of this state may amend its articles of incorporation so as to convert itself into a savings association, by complying with the following requirements and procedure: The savings bank by a […]
Section 47.30 — Savings Association May Convert Into Savings Bank.
47.30 SAVINGS ASSOCIATION MAY CONVERT INTO SAVINGS BANK. Subdivision 1. Procedure. Any capital stock savings association organized and existing under and by virtue of the laws of this state may amend its articles of incorporation so as to convert itself into a savings bank, by complying with the following requirements and procedure: A meeting of […]
Section 47.325 — Appeal And Judicial Review.
47.325 APPEAL AND JUDICIAL REVIEW. A savings bank aggrieved by any action or inaction of the commissioner under sections 47.27 to 47.30 may appeal under sections 14.63 to 14.69. History: 1995 c 171 s 24; 1998 c 254 art 1 s 10; 2014 c 222 art 1 s 5