Minnesota Statutes
Chapters 46 - 59 — Banking
Chapter 52 — Credit Unions

Section 52.001 — Definitions. - Subdivision 1. Application. For purposes of this chapter, the terms...

Section 52.01 — Organization. - Any seven residents of the state may apply to the...

Section 52.02 — Resolutions, Amendment Of Bylaws And Certificate Of Organization, Approval. - Subdivision 1. Amendment of bylaws by members. (a) If three...

Section 52.03 — "credit Union," Unlawful Use. - Subdivision 1. Penalty. Except as provided in subdivision 2, it...

Section 52.04 — Powers. - Subdivision 1. Generally. A credit union has the following powers:...

Section 52.05 — Membership. - Subdivision 1. Requirements. Credit union membership consists of the incorporators...

Section 52.06 — Supervision; Reports; Audits; Fees. - Subdivision 1. Report and audit schedule. Credit unions shall be...

Section 52.062 — Credit Unions; Suspension Of Operation. - Subdivision 1. Reasons for commissioner's action. Whenever the commissioner of...

Section 52.063 — Proceedings Following Suspension, Continuation Of Suspension, Or Consent Cease And Desist Order; Appointment Of National Credit Union Administration Board As Receiver. - Subdivision 1. Proceedings following suspension or continuation of suspension. Upon...

Section 52.064 — Receivership. - Subdivision 1. Ceasing operations; planning for return. A receiver shall...

Section 52.07 — Fiscal Year; Meetings; Voting. - The fiscal year of all credit unions shall end December...

Section 52.08 — Annual Meeting. - At the annual meeting the credit union shall elect a...

Section 52.09 — Directors; Powers And Duties. - Subdivision 1. Meetings; officers. At their first meeting, and annually...

Section 52.10 — Credit Committee; Credit Manager; Powers. - Subdivision 1. Authority of credit committee. The credit committee shall...

Section 52.11 — Supervisory Committee; Duties. - The supervisory committee shall: (1) make an examination of the...

Section 52.12 — Capital; Entrance Fees; Credit Union To Have Lien. - The capital of a credit union includes shares, share certificates,...

Section 52.13 — Deposits In Name Of Minor. - Any deposit made in the name of a minor, or...

Section 52.131 — Multiparty Accounts. - When any deposit is made in the names of two...

Section 52.137 — Individual Retirement Accounts. - Notwithstanding sections 52.04, subdivision 1, clause (1), and 52.05, a...

Section 52.14 — Interest On Loans. - Subdivision 1. [Repealed, 1982 c 494 s 5] Subd. 2....

Section 52.141 — Loan Expenses. - In addition to the interest charged on loans, the borrowing...

Section 52.15 — Borrowing; Limitation. - Subdivision 1. Fifty percent of unimpaired assets. A credit union...

Section 52.16 — Lending; Conditions. - Subdivision 1. Purposes; repayment; loans involving officers. A credit union...

Section 52.165 — Graduated Payment Home Loan. - Subdivision 1. Definition. As used in this section, "graduated payment...

Section 52.17 — Reserve Fund. - Subdivision 1. [Repealed, 2002 c 342 s 11] Subd. 2....

Section 52.18 — Dividends. - The directors of a credit union may, on a daily,...

Section 52.19 — Expulsion Or Withdrawal Of Members. - Subdivision 1. General regulation. A member may be expelled by...

Section 52.191 — Inactive Accounts. - Whenever a member's share or deposit balance is less than...

Section 52.20 — Voluntary Dissolution. - Subdivision 1. Special meeting; liquidation committee. A credit union may...

Section 52.201 — Reorganizing Federal Credit Union Into State Credit Union. - When any federal credit union authorized to convert to a...

Section 52.202 — Directors May Execute Certificates. - When any state credit union authorized to dissolve has taken...

Section 52.203 — Merger Or Consolidation. - Any credit union chartered by this state may merge with...

Section 52.21 — Change Of Place Of Business. - A credit union may change its place of business within...

Section 52.211 — Student Education Programs. - A credit union is allowed to establish part-time deposit-taking locations...

Section 52.212 — Senior Citizen Locations. - In addition to its primary member location, a credit union...

Section 52.24 — Mandatory Share And Deposit Insurance. - Subdivision 1. Insurance accounts. Every credit union under the supervision...