2005 Minnesota Statutes - 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 
 meaning set forth in sections 47.01 and 47.02.  


    Subd. 3.    Savings association.  "Savings association" 
 shall have the meaning set forth in section 51A.02, subdivision 
 7.  


    Subd. 4.    Federal association.  "Federal association" 
 means a savings association, savings and loan association or 
 savings bank organized under that certain act of Congress known 
 as The Home Owners Loan Act of 1933, and acts amendatory thereof.


    HIST: 1949 c 337 s 1; 1984 c 592 s 1; 1995 c 171 s 15; 1995 c 
 202 art 1 s 25; 1996 c 414 art 1 s 45; 1997 c 157 s 67; 1998 c 
 254 art 1 s 9; 1998 c 260 s 1; 1999 c 151 s 12