Minnesota § 50.20 REPORT TO SHOW LIABILITIES

Minnesota Statutes

§ 50.20 — REPORT TO SHOW LIABILITIES

Minnesota § 50.20

PartBANKING

Ch. 50SAVINGS BANKS

This text of Minnesota § 50.20 (REPORT TO SHOW LIABILITIES) 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. § 50.20 (2026).

Text

This report shall also state all its liabilities on the morning of January first, and show:

(1)the amount due the depositors, including any dividend to be credited to them for the half year ending on that day; and

(2)all other debts or claims against it which are or may be a charge upon its assets. It shall also state the amount deposited during the previous year and the amounts withdrawn during the same period; the whole amount of interest or profits received or earned and the amount of dividends or interest credited to depositors; the number of accounts opened or reopened; the number of accounts closed during the year; and the number of open accounts at the end of the year; and such other information as may be required by the commissioner of commerce.

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This report shall also state all its liabilities on the morning of January first, and show:
(1) the amount due the depositors, including any dividend to be credited to them for the half year ending on that day; and
(2) all other debts or claims against it which are or may be a charge upon its assets.
It shall also state the amount deposited during the previous year and the amounts withdrawn during the same period; the whole amount of interest or profits received or earned and the amount of dividends or interest credited to depositors; the number of accounts opened or reopened; the number of accounts closed during the year; and the number of open accounts at the end of the year; and such other information as may be required by the commissioner of commerce.