Minnesota Statutes Banking (Ch. 46-59) § 46A.05. Alteration of federal regulation

(a) If an amendment toCode of Federal Regulations, title 16, part 314, results in a complete lack of federal regulations in the area, the version of the state requirements in effect at the time of the amendment remain in effect for two years from the date the amendment becomes effective.

(b) During the time period under paragraph (a), the department must adopt replacement administrative rules as necessary and appropriate.