Minnesota Statutes

§ 51A.16 — DEPOSITORIES

Minnesota § 51A.16
JurisdictionMinnesota
PartBANKING
Ch. 51ASAVINGS ASSOCIATIONS

This text of Minnesota § 51A.16 (DEPOSITORIES) 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. § 51A.16 (2026).

Text

No association shall deposit any of its funds except with a depositary approved by a vote of a majority of the directors authorized of the association, any director who is an officer, partner, director, or trustee of the depository so designated taking no part in such vote.

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Legislative History

1969 c 490 s 16;1996 c 414 art 1 s 44;1997 c 157 s 67;1998 c 260 s 1

Nearby Sections

15
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Bluebook (online)
Minnesota § 51A.16, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/51A/51A.16.