Section 48.89 — Clerical Service Corporation.

48.89 CLERICAL SERVICE CORPORATION. Subdivision 1. Definitions. For the purposes of this section the following terms defined in this subdivision have the meanings given them. (a) The term “commissioner” means the commissioner of commerce. (b) The term “clerical services” means services such as check and deposit, sorting and posting, computation and posting of interest and […]

Section 48.892 — Clerical Services Offices.

48.892 CLERICAL SERVICES OFFICES. A bank may perform clerical services, as defined in section 48.89, subdivision 1, for itself at an off-premises data processing and storage center located within the state if the bank furnishes assurances satisfactory to the commissioner that the performances of those services will be subject to regulation and examination by the […]