Minn. Stat. § 48.01

This is the official text of Minn. Stat. § 48.01, part of Minnesota’s Stat — part of the compiled statutory law of Minnesota, published by the state as "Stat." Browse the sections below, each linked to its official government source.

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§ 48.01 DEFINITIONS.

Official statutory text

§ Subdivision 1. Words, terms, and phrases. Unless the language or context clearly indicates that a different meaning is intended, the term defined in subdivision 2, for the purposes of sections 48.56 to 48.59 , 48A.07 , and 48A.08 , has that meaning; and the term defined in subdivision 3, for the purposes of this chapter, has that meaning.

§ Subd. 2. Banking institution. The term "banking institution" means any bank, trust company, bank and trust company, or savings bank which is now or may hereafter be organized under the laws of this state. For purposes of sections 48A.07 , 48A.08 , and 501C.0901, subdivision 10 , and to the extent permitted by federal law, "banking institution" includes any national banking association or affiliate exercising trust powers in this state.

§ Subd. 3. Commissioner. "Commissioner" means the commissioner of commerce of the state of Minnesota.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.