Minnesota Statutes
Chapter 47 — Financial Corporations
Section 47.51 — Detached Banking Facilities; Definitions.

As used in sections 47.51 to 47.57:
"Extension of the main banking house" means any structure or stationary mechanical device serving as a drive-in or walk-up facility, or both, which is located within 1,500 feet of the main banking house or detached facility, the distance to be measured in a straight line from the closest points of the closest structures involved and which performs one or more of the functions described in section 47.53. An unstaffed after-hour depository drop box located anywhere within the municipality where the bank's main office or detached facility is located is also considered an extension of the main banking house even if it is not located within 1,500 feet of the main banking house or detached facility.
"Detached facility" means any permanent structure, office accommodation located within the premises of any existing commercial or business establishment, stationary automated remote controlled teller facility, stationary unstaffed cash dispensing or receiving device, located separate and apart from the main banking house which is not an "extension of the main banking house" as above defined, that serves as a drive-in or walk-up facility, or both, with one or more tellers windows, or as a remote controlled teller facility or a cash dispensing or receiving device, and which performs one or more of those functions described in section 47.53.
"Bank" means a bank as defined in section 46.046 and any banking office established prior to the effective date of Laws 1923, chapter 170, section 1.
"Commissioner" means the commissioner of commerce.
"Municipality" means the geographical area encompassing the boundaries of any home rule charter or statutory city located in this state, and any detached area, pursuant to section 473.625, operated as a major airport by the Metropolitan Airports Commission pursuant to sections 473.601 to 473.679. When a bank is located in a township, the term municipality is expanded to mean the geographical area encompassing the boundaries of the township.
1971 c 855 s 1; 1977 c 378 s 1; 1979 c 220 s 1; 1981 c 220 s 6; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1985 c 248 s 18; 1986 c 444; 1996 c 414 art 3 s 3; 2001 c 56 s 2

Structure Minnesota Statutes

Minnesota Statutes

Chapters 46 - 59 — Banking

Chapter 47 — Financial Corporations

Section 47.01 — Definitions.

Section 47.015 — Closing On Certain Days.

Section 47.0151 — Emergency Suspension Of Business, Definitions.

Section 47.0152 — Emergency Closings; Power Of Commissioner.

Section 47.0153 — Closings; Powers Of Officers.

Section 47.0154 — Notice To Commissioner.

Section 47.0155 — Effect Of Closing.

Section 47.0156 — Closing Effecting A Permanent Cessation Of Business.

Section 47.016 — Disposition Of Credit Insurance Income.

Section 47.02 — "bank" And "savings Bank."

Section 47.03 — Use Of Certain Words Permitted.

Section 47.07 — Companies Subject To Provisions.

Section 47.08 — Articles Of Incorporation Filed With Commissioner.

Section 47.09 — Advertisements.

Section 47.096 — Time Deposits; Notice Of Automatic Renewal.

Section 47.10 — Real Estate; Acquisition, Holding.

Section 47.101 — Place Of Business; Relocation, Disposal.

Section 47.11 — Selection Of Name.

Section 47.12 — Financial Corporations.

Section 47.13 — Application Of Business Corporation Act.

Section 47.14 — Certificate; How Accompanied.

Section 47.15 — Bylaws.

Section 47.16 — Certification By Commissioner.

Section 47.171 — Certificates Of Incorporation, Amendment; Exceptions.

Section 47.172 — Restated Certificates Of Incorporation.

Section 47.18 — "corporation"; "agency."

Section 47.19 — Corporation May Be Member Or Stockholder Of Federal Agency.

Section 47.20 — Lending Authority Of Financial Institutions.

Section 47.201 — Graduated Payment Mortgages And Cooperative Apartment Loans.

Section 47.203 — Federal Preemption Override.

Section 47.204 — Temporary Removal Of Mortgage Usury Limits.

Section 47.205 — Assignment Of Mortgage; Duties; Penalties.

Section 47.206 — Interest Rate Or Discount Point Agreements.

Section 47.207 — Cancellation Of Private Mortgage Insurance.

Section 47.208 — Delivery Of Satisfaction Of Mortgage.

Section 47.209 — Manufactured Home Financing; Property Tax Collection Requirement.

Section 47.21 — Inapplicable Laws; Authorized Investments.

Section 47.23 — Use Of Certain Words Permitted.

Section 47.24 — Failure To Report; Forfeitures.

Section 47.25 — Notice Of Meetings.

Section 47.26 — Violations.

Section 47.27 — Definitions.

Section 47.28 — Savings Banks May Convert Into Savings Associations.

Section 47.30 — Savings Association May Convert Into Savings Bank.

Section 47.325 — Appeal And Judicial Review.

Section 47.41 — Negotiable Instruments, Facsimile Signatures, Disbursement Of Public Funds.

Section 47.42 — Facsimile Signatures, Officer Not Liable.

Section 47.51 — Detached Banking Facilities; Definitions.

Section 47.52 — Authorization.

Section 47.521 — Closed Bank Location; Authorization.

Section 47.53 — Functions Of A Facility.

Section 47.54 — Notices And Approval Procedures.

Section 47.55 — Existing Banking Facilities Or Branches Of Savings Associations.

Section 47.56 — Transfer Of Location.

Section 47.561 — Identification Of Detached Facility.

Section 47.57 — Violation; Penalties.

Section 47.58 — Reverse Mortgage Loans.

Section 47.59 — Financial Institution Credit Extension Maximum Rates.

Section 47.60 — Consumer Small Loans.

Section 47.601 — Consumer Short-term Loans.

Section 47.602 — Motor Vehicle Title Loans.

Section 47.605 — Loan Solicitation; Unrequested Checks Regulated.

Section 47.61 — Electronic Funds Transfer Facilities; Definitions.

Section 47.62 — Authorization.

Section 47.63 — Functions Of An Electronic Financial Terminal.

Section 47.64 — Operation Of An Electronic Financial Terminal.

Section 47.65 — Transmission Facility.

Section 47.66 — Examination.

Section 47.67 — Advertising.

Section 47.68 — Electronic Financial Terminal Security.

Section 47.69 — Consumer Privacy.

Section 47.70 — Antitrust.

Section 47.71 — Rules.

Section 47.72 — Cease And Desist Order; Injunction; Penalties.

Section 47.73 — Hearing.

Section 47.74 — Federal Institutions; Application.

Section 47.75 — Limited Trusteeship.

Section 47.76 — Required Savings Account.

Section 47.77 — Transfer Of Accounts Prohibited; Notice On Closing.

Section 47.78 — Contracts To Provide Services.