Minn. R. 2675.2246
Current through Register Vol. 48, No. 51, June 17, 2024
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. 2675.2246
Statutory Authority: MS s 46.01