Subdivision 1. Scope. For purposes of sections 46.23 to 46.33, the following terms shall have the meanings here given them.
Subd. 2. Cease and desist order which has become final; order which has become final. "Cease and desist order which has become final" and "order which has become final" mean a cease and desist order, or an order issued by the commissioner with the consent of the institution or the director, trustee, officer, or other person concerned, with respect to which no timely petition for review of the action of the commissioner has been filed in a district court as specified in section 46.30, subdivision 2, or with respect to which the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state.
Subd. 3. Commissioner. "Commissioner" means the commissioner of commerce.
Subd. 4. Institution. "Institution" means a bank, savings bank, savings association, trust company, credit union, industrial loan and thrift company, small loan company, safe deposit company, investment company, debt prorating agency, insurance premium finance company, or motor vehicle retail installment sales finance company subject to the supervision of the commissioner.
Subd. 5. Violation. "Violation" includes without limitation any action, alone or with others, toward causing, bringing about, participating in, counseling, or aiding or abetting a violation.
1978 c 544 s 1; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92
Structure Minnesota Statutes
Chapter 46 — General Banking Powers
Section 46.04 — Regulatory Authority Of Commissioner.
Section 46.041 — Bank Applications.
Section 46.042 — Notice And Hearing, When Not Given.
Section 46.044 — Bank Charters.
Section 46.045 — Mandatory Insurance Of Accounts.
Section 46.048 — Notice Of Proposed Acquisition.
Section 46.05 — Supervision Over Financial Institutions.
Section 46.06 — Refusal To Obey Directions Of Commissioner.
Section 46.10 — Penalty For Violation.
Section 46.11 — Examiners' Districts.
Section 46.12 — Reports Of Examiners.
Section 46.131 — Assessments And Fees For Financial Institutions.
Section 46.14 — Examiners' Powers Enlarged.
Section 46.17 — Salary Of Examiner In Charge Of Liquidation.
Section 46.21 — Destruction Of Certain Records.
Section 46.23 — Unsafe Practices; Definitions.
Section 46.24 — Cease And Desist Proceedings; Injunctive Relief.
Section 46.26 — Violations By Directors, Trustees, Or Officers.
Section 46.29 — Board Of Directors Or Trustees, Lack Of Quorum, Temporary Directors Or Trustees.
Section 46.30 — Hearings, Decision; Review, Modification, Termination Or Stay Of Orders.
Section 46.31 — Enforcement Of Notices Or Orders.
Section 46.32 — Violation Of Notice Or Final Order; Criminal Penalty.
Section 46.33 — Manner Of Service; Copies To Federal Authorities; Cease And Desist Orders.
Section 46.34 — Certain Securities Deposited With The Commissioner Of Management And Budget.