Minnesota HF2398 makes technical and administrative changes to various provisions governed by the Department of Commerce.

Minnesota HF2398 amends several sections of Minnesota Statutes to update and clarify provisions related to financial institutions, investment advisers, and administrative procedures. Key changes include modifying the definition of "lender" to exclude certain financial institutions, adjusting the permissible investments for licensees, and updating references to NASD as FINRA. The bill also revises rules regarding the maintenance of permissible investments, the closure and transfer of deposit accounts, and the filing of financial reports by investment advisers.

Minnesota HF2398 makes technical and administrative changes to various provisions governed by the Department of Commerce.

Minnesota HF2398 amends several sections of Minnesota Statutes to update and clarify provisions related to financial institutions, investment advisers, and administrative procedures. Key changes include modifying the definition of "lender" to exclude certain financial institutions, adjusting the permissible investments for licensees, and updating references to NASD as FINRA. The bill also revises rules regarding the maintenance of permissible investments, the closure and transfer of deposit accounts, and the filing of financial reports by investment advisers.