Minnesota Statutes
§ 48.27 — LIMITATION ON AMOUNT OF DEPOSITS
Minnesota § 48.27
This text of Minnesota § 48.27 (LIMITATION ON AMOUNT OF DEPOSITS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 48.27 (2026).
Text
No bank or trust company organized under the laws of this state shall accept deposits in a sum exceeding 30 times the amount of its capital stock and its actual surplus.
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Legislative History
(7699-12)1927 c 325 s 1;1943 c 342 s 2;1945 c 73 s 1;1947 c 11 s 1;1949 c 24 s 1;1959 c 88 s 11
Nearby Sections
15
§ 48.01
DEFINITIONS§ 48.03
SHARES§ 48.032
PREEMPTIVE RIGHTS§ 48.056
REVERSE STOCK SPLIT§ 48.06
BOARD OF DIRECTORS§ 48.09
DIVIDENDS; SURPLUS§ 48.11
CONTRACTS, HOW MADECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 48.27, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/48/48.27.