Minnesota § 50.212 - SAVINGS BANK REGULATION
Full text of Minnesota Minnesota Statutes § 50.212 — SAVINGS BANK REGULATION, with citation guidance and answers to common questions.
§ 50.212. SAVINGS BANK REGULATION
Subdivision 1.Commerce Department to control.
The commissioner of commerce shall have charge of the execution of all laws relating to the savings banks chartered under the laws of Minnesota and relating to the business of those savings banks.
Subd. 2.Commissioner supervision.
The commissioner shall supervise the books, records, and affairs of all savings banks doing business in the state as provided in section 46.04.
Subd. 3.Official communications referred to directors.
Each official communication from the commissioner to a savings bank relating to any examination conducted by the commissioner or containing suggestions and recommendations as to the conduct of business of the savings bank, shall be submitted by the officer receiving it to the board of directors at the next meeting of the board and noted in the meeting minutes.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 50.212
What does Minnesota Statutes § 50.212 cover?
Section 50.212 ("SAVINGS BANK REGULATION") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 50.212?
A common citation format is "Minnesota Statutes § 50.212" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 50.212 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.