Technical changes made to various provisions governed or administered by the Department of Commerce.

This bill makes technical updates to various Minnesota statutes administered by the Department of Commerce, affecting banking, lending, and corporate regulations. It clarifies definitions for ethanol production and rural economic infrastructure, adjusts interest rate limits for depository institutions, and modifies procedures for bank charters and corporate mergers. The legislation also establishes a new registration requirement for lenders operating in Minnesota starting January 1, 2025, requiring them to register with the commissioner before offering student loans to state residents. These changes primarily impact financial institutions, agricultural businesses, and corporations regulated under the Department of Commerce's jurisdiction.