reglab/housing_qa huggingface dataset:
MN Stat § 47.42 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.42 — Facsimile Signatures, Officer Not Liable.

47.42 FACSIMILE SIGNATURES, OFFICER NOT LIABLE. If the governing body of the depositor political subdivision, or of any commission, board, department or agency thereof, by resolution approves the action of the public officer or other person in the use of such facsimile, and shall have insured the depositor with an insurance company authorized to do business in this state, in such amount and form as the governing body approves, against loss of any public funds withdrawn upon unauthorized use of such facsimile signature, such public officer or other person shall not be personally liable for loss, if any, resulting from the use of any such facsimile signature unless the loss occurs by reason of that person's own wrongful act. History:  1955 c 96 s 2; 1986 c 444
MN Stat § 47.51 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.51 — Detached Banking Facilities; Definitions.

47.51 DETACHED BANKING FACILITIES; DEFINITIONS. As used in sections 47.51 to 47.57: "Extension of the main banking house" means any structure or stationary mechanical device serving as a drive-in or walk-up facility, or both, which is located within 1,500 feet of the main banking house or detached facility, the distance to be measured in a straight line from the closest points of the closest structures involved and which performs one or more of the functions described in section 47.53. An unstaffed after-hour depository drop box located anywhere within the municipality where the bank's main office or detached facility is located is also considered an extension of the main banking house even if it is not located within 1,500 feet of the main banking house or detached facility. "Detached facility" means any permanent structure, office accommodation located within the premises of any existing commercial or business establishment, stationary automated remote controlled teller facility, stationary unstaffed cash dispensing or receiving device, located separate and apart from the main banking house which is not an "extension of the main banking house" as above defined, that serves as a drive-in or walk-up facility, or both, with one or more tellers windows, or as a remote controlled teller facility or a cash dispensing or receiving device, and which performs one or more of those functions described in section 47.53. "Bank" means a bank as defined in section 46.046 and any banking office established prior to the effective date of Laws 1923, chapter 170, section 1. "Commissioner" means the commissioner of commerce. "Municipality" means the geographical area encompassing the boundaries of any home rule charter or statutory city located in this state, and any detached area, pursuant to section 473.625, operated as a major airport by the Metropolitan Airports Commission pursuant to sections 473.601 to 473.679. When a bank is located in a township, the term municipality is expanded to mean the geographical area encompassing the boundaries of the township. History:  1971 c 855 s 1; 1977 c 378 s 1; 1979 c 220 s 1; 1981 c 220 s 6; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1985 c 248 s 18; 1986 c 444; 1996 c 414 art 3 s 3; 2001 c 56 s 2
MN Stat § 47.52 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.52 — Authorization.

47.52 AUTHORIZATION. (a) With the prior approval of the commissioner, any bank doing business in this state may establish and maintain detached facilities provided the facilities are located within: (1) the municipality in which the principal office of the applicant bank is located; or (2) 5,000 feet of its principal office measured in a straight line from the closest points of the closest structures involved; or (3) a municipality in which no bank is located at the time of application; or (4) a municipality having a population of more than 10,000; or (5) a municipality having a population of 10,000 or less, as determined by the commissioner from the latest available data from the state demographer, or for municipalities located in the seven-county metropolitan area from the Metropolitan Council, and all the banks having a principal office in the municipality have consented in writing to the establishment of the facility. (b) A detached facility shall not be closer than 50 feet to a detached facility operated by any other bank and shall not be closer than 100 feet to the principal office of any other bank, the measurement to be made in the same manner as provided above. This paragraph shall not be applicable if the proximity to the facility or the bank is waived in writing by the other bank and filed with the application to establish a detached facility. (c) A bank is allowed, in addition to other facilities, part-time deposit-taking locations at elementary and secondary schools located within the municipality in which the main banking house or a detached facility is located if they are established in connection with student education programs approved by the school administration and consistent with safe, sound banking practices. (d) In addition to other facilities, a bank may operate part-time locations at nursing homes and senior citizen housing facilities located within the municipality in which the main banking house or a detached facility is located, or within the seven-county metropolitan area if the bank's main banking facility or a detached facility is located within the seven-county metropolitan area, if they are operated in a manner consistent with safe, sound banking practices. History:  1971 c 855 s 2; 1974 c 221 s 1; 1977 c 378 s 2; 1980 c 444 s 1; 1981 c 220 s 7; 1987 c 161 s 1; 1993 c 257 s 9; 1995 c 202 art 2 s 5; art 4 s 5; 1996 c 305 art 1 s 129; 1996 c 414 art 3 s 4; 1999 c 151 s 13; 2000 c 427 s 1
MN Stat § 47.521 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.521 — Closed Bank Location; Authorization.

47.521 CLOSED BANK LOCATION; AUTHORIZATION. Where the commissioner has determined that an existing state bank or national banking association is about to fail or has failed and it is in the public interest to prevent the loss of banking services in the community affected, the limitations on location and number of detached facilities in section 47.52 do not apply to an application to establish a detached facility in the same locality. In the event the commissioner has determined that it is necessary and in the public interest to act immediately on the application, the commissioner may waive the requirements of section 47.54. History:   1983 c 242 s 2
MN Stat § 47.53 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.53 — Functions Of A Facility.

47.53 FUNCTIONS OF A FACILITY. A detached facility may provide any service or perform any function that may be offered or performed at the bank's main banking house. History:  1971 c 855 s 3; 1977 c 378 s 3; 1980 c 468 s 1
MN Stat § 47.55 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.55 — Existing Banking Facilities Or Branches Of Savings Associations.

47.55 EXISTING BANKING FACILITIES OR BRANCHES OF SAVINGS ASSOCIATIONS. Subdivision 1. Banking facilities in operation prior to May 1, 1971. A bank may retain and operate one detached facility as it may have had in operation prior to May 1, 1971 without requirement of approval hereunder. Subd. 2. Facilities of banks or branches of savings associations in operation prior to acquisition. The purchase of assets and assumption of liabilities of an existing detached facility of another bank or branch of a savings association or savings bank must follow the notice and approval procedures in section 47.54 to establish and maintain a new detached facility of the acquiring bank at that location but need not obtain the consent of other banks as required by section 47.52. History:  1971 c 855 s 5; 1977 c 378 s 5; 1992 c 587 art 1 s 13; 1993 c 257 s 11; 1995 c 202 art 1 s 25; 1997 c 157 s 10
MN Stat § 47.56 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.56 — Transfer Of Location.

47.56 TRANSFER OF LOCATION. The location of a detached facility transferred to another location outside of a radius of three miles measured in a straight line is subject to the same procedures and approval as required hereunder for establishing a new detached facility. The location of a detached facility transferred to another location within the lesser of a radius of three miles measured in a straight line from the existing location or the municipality, as defined in section 47.51, in which it is located is subject to the same procedures and approval as are required in section 47.101, subdivision 2. The relocation of a detached facility within a municipality of 10,000 or less population shall not require consent of other banks required in section 47.52. History:  1971 c 855 s 6; 1993 c 257 s 12; 1995 c 202 art 2 s 6; 1997 c 157 s 11
MN Stat § 47.561 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.561 — Identification Of Detached Facility.

47.561 IDENTIFICATION OF DETACHED FACILITY. A detached facility must be properly identified at its location in a manner which includes the name of the parent bank. A detached facility in existence on March 19, 1982 must comply with this section by December 31, 1982. History:   1982 c 473 s 7
MN Stat § 47.57 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.57 — Violation; Penalties.

47.57 VIOLATION; PENALTIES. A violation of sections 47.51 to 47.57 shall be subject to penalties applicable to violations of laws affecting banks. In addition, a violation of sections 47.51 to 47.57 may be enjoined by a civil action for injunction by any aggrieved bank. History:   1971 c 855 s 7
MN Stat § 47.602 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.602 — Motor Vehicle Title Loans.

47.602 MOTOR VEHICLE TITLE LOANS. Subdivision 1. Definitions. (a) The terms defined in this section have the meanings given them. (b) "Automobile dealer" means a dealer, as defined in section 168.002, subdivision 6, and a used motor vehicle dealer. (c) "Banking institution" means a banking institution, as defined in section 48.01, subdivision 2, and includes any bank, savings bank, savings association, or any subsidiary of any of them, that is subject to supervision by a federal regulatory agency. (d) "Consumer loan" means a loan to a borrower which has a principal amount, or an advance on a credit limit, of $1,000 or less and requires a minimum payment within 60 days of loan origination or credit advance of more than 25 percent of the principal balance or credit advance. For the purposes of this section, each new advance of money to a borrower under a consumer loan agreement constitutes a new consumer loan. (e) "Credit union" includes a credit union, as defined under section 52.001, subdivision 4, and a federal credit union, as defined under section 52.001, subdivision 7. Subd. 2. Requirements. A lender who is not a pawnbroker, as defined in section 325J.01, subdivision 4, and uses a title to a motor vehicle as collateral for making a consumer loan: (1) must possess a valid license from the Department of Commerce as either an industrial loan and thrift company under chapter 53 or a regulated lender under chapter 56; (2) must comply with all provisions of section 325J.095; and (3) may not demand or collect interest, fees, or any other charges that in the aggregate exceed the amounts allowed to be demanded and collected under section 325J.07. Subd. 3. Exemptions. This section does not apply to a banking institution, a credit union, an automobile dealer, or any transaction conducted under chapter 53C. History:   2013 c 40 s 1
MN Stat § 47.62 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.62 — Authorization.

47.62 AUTHORIZATION. Subdivision 1. General authority. Any person may establish and maintain one or more electronic financial terminals. Any financial institution may provide for its customers the use of an electronic financial terminal by entering into an agreement with any person who has established and maintains one or more electronic financial terminals if that person authorizes use of the electronic financial terminal to all financial institutions on a nondiscriminatory basis pursuant to section 47.64. Subd. 2. Approval required. No electronic financial terminal shall be established by a person other than a state or federal savings association, state or federal savings bank, state or federal credit union, or state bank or national banking association unless the commissioner has approved the establishment of the terminal. Subd. 3. Application and required findings. Application for authorization shall be made in the manner prescribed by rule. The commissioner shall grant authorization for the establishment of an electronic financial terminal if the commissioner finds that: (a) there is reason to believe that the terminal will be properly and safely managed; (b) the applicant is financially sound; (c) the proposed charges for making the services of the terminal available to financial institutions are fair, equitable, and nondiscriminatory; (d) the applicant has furnished all of the information required by rule; (e) the terminal applicant will not gain an unfair competitive advantage because the terminal is not operationally available to other financial institutions or their data processors within a reasonable period of time. If the commissioner has not denied the application within 45 days of its submission, the authorization shall be deemed to be granted. Subd. 4. Multiple terminals. When more than one electronic financial terminal is established and maintained at a single place of business by the same person, or if a person wishes to make an application that encompasses more than one place of business or location, a single application and fee shall be sufficient. For each application, a $100 fee shall be paid to the commissioner, and for each application for a change in pricing structure, a $10 fee shall be paid to the commissioner. If the $100 fee or the $10 fee is less than the costs incurred by the commissioner in approving or disapproving the application, the fee shall be equal to those costs. Subd. 5.  [Repealed, 2007 c 44 s 9; 2007 c 57 art 3 s 64] Subd. 6. Relocation; procedure. An application or notification to relocate an existing financial terminal outside a radius of three miles measured in a straight line must be approved by, or a notification must be filed with, the commissioner of commerce as provided for in this section. History:  1978 c 469 s 2; 1983 c 102 s 1; 1986 c 444; 1995 c 171 s 25; 1995 c 202 art 1 s 8; art 2 s 8-10; 1996 c 414 art 3 s 5; 2007 c 44 s 4; 2007 c 57 art 3 s 10
MN Stat § 47.63 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.63 — Functions Of An Electronic Financial Terminal.

47.63 FUNCTIONS OF AN ELECTRONIC FINANCIAL TERMINAL. Financial transactions which may be performed by an electronic financial terminal shall be limited to the disbursement of funds under a preauthorized credit agreement, the withdrawal of funds from a customer's account, the deposit of funds in a customer's account, the receiving of cash or checks, the disbursement of cash, the payment of loan payments, and the transfer of funds to or from one or more accounts in one or more financial institutions. All permitted transactions must be made pursuant to a preexisting contractual agreement between the financial institution and an account holder. Accounts may not be opened at an electronic financial terminal located separate and apart from a financial institution's principal office, branch, or detached facility. Any retailer may also operate a device which is capable of performing the functions of an electronic financial terminal for any internal business activity of that retailer. History:  1978 c 469 s 3; 1987 c 41 s 2
MN Stat § 47.66 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.66 — Examination.

47.66 EXAMINATION. An electronic financial terminal or a transmission facility may be examined by the commissioner to the extent permitted by law as to any financial transaction by, with, or involving a financial institution solely for the purpose of reconciling accounts and verifying the security and accuracy of such electronic financial terminals or transmission facilities, including any supporting equipment, structures, or systems. All facts and information obtained in the course of such examination shall not be disclosed except as otherwise provided by law. The person examined shall pay examination fees as determined by the commissioner. History:   1978 c 469 s 6
MN Stat § 47.67 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.67 — Advertising.

47.67 ADVERTISING. No advertisement by a person which relates to an electronic financial terminal may be inaccurate or misleading with respect to such a terminal. Except with respect to direct mailings by financial institutions to their customers, the advertising of rate of interest paid on accounts in connection with electronic financial terminals is prohibited. History:  1978 c 469 s 7; 1987 c 41 s 6; 1995 c 202 art 2 s 11; 2003 c 51 s 6
MN Stat § 47.68 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.68 — Electronic Financial Terminal Security.

47.68 ELECTRONIC FINANCIAL TERMINAL SECURITY. Every person establishing and maintaining an electronic financial terminal and every financial institution using an electronic financial terminal shall adopt and maintain safeguards to insure the safety of funds, items, and other information, which safeguards shall include security devices consistent with the appropriate requirements specified under the federal Bank Protection Act of 1968, Public Law 90-389, or such alternative security precautions as are approved by the commissioner. History:   1978 c 469 s 8
MN Stat § 47.70 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.70 — Antitrust.

47.70 ANTITRUST. No person engaged in electronic financial terminal or transmission facility activities shall contract, combine, or conspire to restrain trade in the market for electronic financial terminals, or engage in any anticompetitive practices to the detriment of the public interest. Notwithstanding section 325D.55, subdivision 2, the provisions of sections 325D.49 to 325D.66 shall apply to persons engaged in electronic financial terminal or transmission facility activities. Nothing in sections 47.61 to 47.74 shall operate or be construed to create an exception to the antitrust laws of the United States for any contract or combination required or authorized by sections 47.61 to 47.74. History:   1978 c 469 s 10
MN Stat § 47.71 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.71 — Rules.

47.71 RULES. Subdivision 1. Authorization. The commissioner may promulgate such rules as are reasonably necessary to carry out and make effective the provisions and purposes of sections 47.61 to 47.74. Subd. 2.  [Deleted, 1995 c 233 art 2 s 56] History:  1978 c 469 s 11; 1980 c 486 s 1; 1982 c 424 s 130; 1984 c 640 s 32
MN Stat § 47.72 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.72 — Cease And Desist Order; Injunction; Penalties.

47.72 CEASE AND DESIST ORDER; INJUNCTION; PENALTIES. Subdivision 1. Authorization. If the commissioner determines that a person, other than a national bank, federal savings association, or federal credit union, is violating or about to violate sections 47.61 to 47.74 or any rule promulgated thereunder or is engaged or about to engage in an unsafe, unsound, unfair, or discriminatory practice, the commissioner may: (a) issue and serve on such person a cease and desist order which shall become effective at the time specified therein, and remain effective and enforceable as provided therein, except to the extent that it is stayed, modified, terminated, or set aside by action of the commissioner or review in court; (b) serve notice on such person who has established and maintains a transmission facility or an electronic financial terminal of intent to revoke or suspend its approval to establish and maintain the transmission facility or electronic financial terminal. When acting pursuant to this subdivision, the commissioner shall furnish the person against whom the action is being taken with a statement of alleged violations or practices. Subd. 2. Revocation or suspension of approval. If the violation or the unsound, unsafe, unfair or discriminatory practice continues 15 days after service of a notice of intention to revoke or suspend a person's approval to establish and maintain a transmission facility or electronic financial terminal, the commissioner may revoke or suspend such approval. Subd. 3. Enforcement authority. The commissioner may bring an action in district court to enjoin violations of sections 47.61 to 47.74 or any rule promulgated thereunder, or to enforce compliance with the provisions of sections 47.61 to 47.74 or any rule promulgated thereunder, and may refer the matter to the attorney general. The court may also impose a penalty not exceeding $5,000 per violation. History:  1978 c 469 s 12; 1985 c 248 s 70; 1986 c 444; 1995 c 202 art 1 s 25
MN Stat § 47.73 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.73 — Hearing.

47.73 HEARING. Any person aggrieved with a cease and desist order, revocation, suspension, or denial of an application to establish an electronic financial terminal or transmission facility may request a hearing. Within seven days after receipt of a written request with respect to a cease and desist order, revocation, or suspension, or 45 days with respect to a denial of an application, the commissioner shall hold a formal hearing which shall be conducted pursuant to chapter 14. No revocation or suspension shall be effective until after a hearing if a hearing is requested. Notwithstanding section 14.53, all costs of the hearing shall be paid by the aggrieved party. History:  1978 c 469 s 13; 1982 c 424 s 130
MN Stat § 47.74 (2021)
2021 Minnesota Statutes|Chapters 46 - 59 — Banking|Chapter 47 — Financial Corporations|Section 47.74 — Federal Institutions; Application.

47.74 FEDERAL INSTITUTIONS; APPLICATION. The provisions of sections 47.61 to 47.74 shall apply to national banks, federal savings associations, and federal credit unions to the extent permitted by federal law. History:  1978 c 469 s 14; 1995 c 202 art 1 s 25