{"data":{"id":"us-mn/minn.-stat.-50.147","jurisdiction":"us-mn","citation":"Minn. Stat. § 50.147","heading":"AUTHORIZED INVESTMENTS; STUDENT LOANS.","body":"In addition to other investments authorized by law, a savings bank organized under the laws of this state may make student loans. Such loans may be secured or unsecured, and the lender may require a comaker or guaranty under a governmental student loan guarantee plan, or both. The borrower shall certify to the lender that the proceeds of the loan are to be used by a student solely for the payment of expenses of college, university or vocational education.","path":["BANKING","CHAPTER 50. SAVINGS BANKS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/50.147","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:27Z","sha256":"7afd3cb0ec481b275e32e216857823e2cb86741c72d7a2aaf6615085e3243fb0","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-50.1465","next":"us-mn/minn.-stat.-50.148"},"notice":"GroundRules: Original legal text. Not legal advice."}