Minn. Stat. § 48.892
This is the official text of Minn. Stat. § 48.892, 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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§ 48.892 CLERICAL SERVICES OFFICES.
Official statutory text
A bank may perform clerical services, as defined in section 48.89, subdivision 1 , for itself at an off-premises data processing and storage center located within the state if the bank furnishes assurances satisfactory to the commissioner that the performances of those services will be subject to regulation and examination by the commissioner to the same extent as if the services were being performed at the bank's main office or detached facility. A data processing and storage center is not considered a branch or detached facility, as defined in section 47.51 . The establishment of a data processing and storage center may include acquiring real and personal property, which shall be subject to section 47.10 .
Status: in_force · Read it on the official government site
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