Minnesota Statutes
Minn. Stat. § 45.04 (2026)
[Repealed]
✓ current as of May 2026
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[Renumbered 46.041]
Notes of Decisions
Cited in 6
cases, 1962–1994 · leading case: Plunkett v. First Nat'l Bank of Austin, 115 N.W.2d 235 (Minn. 1962).
Plunkett v. First Nat'l Bank of Austin, 115 N.W.2d 235 (Minn. 1962). “The facts are as follows: Respondent, Minnesota Trust Company of Albert Lea, was organized under §§ 45.04 to 45.08 3 in 1945. From the date of its organization until February 1960, it was located in Albert Lea where it conducted trust company business.”
State Bank of Rose Creek v. Com. Comm'n, 305 N.W.2d 794 (Minn. 1981). “Rose Creek was organized as a bank under Minn.Stat. § 45.04 (1980). Subdivision 2 of that section provides in part: If, upon the hearing, it shall appear to the commission that the application should be granted, it shall, not later than 90 days after the hearing, and after the…”
In re Change in Corp. Title & Place of Bus. Filed by First State Bank of Dover, 372 N.W.2d 79 (Minn. Ct. App. 1985). “3 provides that an application by a bank to relocate its main office outside a radius of three miles must be approved or disapproved by the Commissioner as provided by Minn.Stat. §§ 45.04 and 45.07. Minn.Stat.”
O'Connor Bros. State Bank of Renville v. Dep't of Com., 304 N.W.2d 894 (Minn. 1981). “A fair reading of Minn.Stat. § 45.04, subd. 2 (1980), seems to be that the Commission is vested with the power to decide to grant an application for a new bank charter.”
Matter of Black, 522 N.W.2d 352 (Minn. Ct. App. 1994). “See Minn.Stat. § 45.04, subd. 1 (Supp.1983). But beginning in 1984, hearings were only required if the application was contested.”
West St. Paul State Bank v. Signal Hills State Bank, 223 N.W.2d 793 (Minn. 1974). “The procedure for making such determination was recognized as valid by the attorney general in opinions furnished at the time the Securities Commission performed the functions now exercised by the Department of Commerce.”
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