Minn. R. agency 120, ch. 2675, INDUSTRIAL LOAN AND THRIFT COMPANIES, pt. 2675.5130

Current through Register Vol. 49, No. 24, December 9, 2024
Part 2675.5130 - MANAGEMENT
Subpart 1.License criteria.

Certificates of authorization are granted after consideration of the experience, character, and general fitness of the officer or manager in charge of the licensed office.

Subp. 2.Change of managing officer.

Changes of such managing officer which occur must be reported promptly, in writing, to the commissioner of commerce, in advance of the effective date of change when circumstances permit, but in any event within ten days of such transfer.

Minn. R. agency 120, ch. 2675, INDUSTRIAL LOAN AND THRIFT COMPANIES, pt. 2675.5130

L 1983 c 289 s 114 subd 1; L 1984 c 655 art 1 s 92

Statutory Authority: MS s 46.01