Minn. R. agency 120, ch. 2675, BANKING PROCEDURES, pt. 2675.2246
Current through Register Vol. 49, No. 29, 2025
Where a bank makes a direct investment in a certificate of deposit of another financial institution, such investment shall not exceed its legal lending limit as provided in Minnesota Statutes, section 48.24; however, this limitation shall apply only to that portion, if any, of the investment which is not insured by an agency of the United States.
Minn. R. agency 120, ch. 2675, BANKING PROCEDURES, pt. 2675.2246
Statutory Authority: MS s 46.01