Osakis is a city in Douglas and Todd counties in the U.S. state of Minnesota. The population was 1,567 at the 2000 census. Osakis was founded in 1857. The town takes its name from the beautiful lake on which the town is located.. The name Osakis is thought to mean place of the Sauk and commemorates a small group of Sauk Indians who lived near the lake in the early 19th century. The main part of Osakis is in Douglas County; only a small part of the city extends into Todd County. Osakis is situated on the southwest shore of Lake Osakis, on Minnesota State Highway 27. Osakis is about one mile from exit 114 of Interstate 94.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.