Technical changes made to various provisions governed or administered by the Department of Commerce.
Introduction and first reading, referred to Commerce Finance and Policy
Summary
The measure makes technical revisions to statutes the Department of Commerce oversees, including redefining ethanol, tightening bank charter criteria, adjusting the usury ceiling for loans, clarifying stockholder approval for corporate mergers, and requiring lenders to register before offering student loans. These changes affect agricultural producers, banks, corporations, and loan providers operating in Minnesota.
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