Eliminate obsolete dates for lenders

This bill requires lenders to register with the Minnesota commissioner before offering student loans to Minnesota residents, effective January 1, 2025. The registration process requires lenders to submit their name, address, and information about company officers and owners, along with any additional details the commissioner may require. Registrations expire annually on December 31 and must be renewed each year, with the commissioner allowed to set nonrefundable fees for registration and renewal. The bill also gives the commissioner authority to establish registration procedures, potentially using a national licensing system, and to create alternate registration requirements for postsecondary institutions that offer student loans.