Minnesota Agencies

When it was created in 1925, the Department of Commerce was under the supervision and control of a commission composed of a commissioner of banks, a commissioner of insurance, and a commissioner of securities. The commission was organized in three divisions: A banking division in charge of the commissioner of banks; an insurance division in charge of the commissioner of insurance; and a securities division in charge of the commissioner of securities. The governor, by and with the advice and consent of the senate, appointed the members of the commission.