Minnesota Statutes Banking (Ch. 46-59) § 51A.53. Powers of federal associations; approval

Subject to the approval of the commissioner, any savings association organized undersections 51A.01to51A.58is vested with all powers conferred upon a federal association organized under the laws and regulations of the United States or its agencies, as amended, as fully and completely as if the powers were specifically enumerated and described herein, provided that the same are not specifically prohibited by state law.