47.0156 CLOSING EFFECTING A PERMANENT CESSATION OF BUSINESS. The permanent closing of a financial institution as defined in section 47.015 or 47.0151 for purposes, or with a result, other than authorized in sections 47.015 to 47.0155 is unlawful unless at least 60 days' written notice is given to the commissioner. History: 1Sp1985 c 13 s 181; 1993 c 257 s 6; 1999 c 151 s 6
Minnesota Legal Code