2005 Minnesota Statutes - 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.  


    HIST: 1971 c 855 s 6; 1993 c 257 s 12; 1995 c 202 art 2 s 6; 
 1997 c 157 s 11