1997 Minnesota Statutes

CHAPTER 48. Banks, trust companies

Table of Sections

Section	Headnote
48.01	Definitions.
48.02	Capital and surplus; prepayment of capital.
48.03	Stock list; stockholders' liability.
48.033	State banks, liability of stockholders.
48.04	Increase and reduction of capital.
48.05	Capital not to be withdrawn; dividends.
48.055	Issuance of preferred stock, conditions.
48.06	Directors; qualifications.
48.07	Officers; appointment, removal.
48.08	Directors and officers, restricted use of bank funds; dealings with bank.
48.09	Dividends; surplus.
48.10	Annual audit; report.
48.11	Contracts, how made.
48.12	Bonds of officers and employees.
48.13	Conditions of bonds.
48.14	Examinations, reports to show names of bonded officers and employees.
48.15	Special powers.
48.151	Additional powers.
48.152	State bank acquisition and leasing of personal property.
48.153	Installment loans; finance charges; minimum charges.
48.154	Prepayment, extension of terms.
48.155	Allowable additional charges.
48.156	Loan due on default.
48.157	Copy of note to borrower.
48.158	Settlement of checks at less than par.
48.1585	[Repealed, 1995 c 202 art 4 s 25]
48.159	[Repealed, 1982 c 473 s 30]
48.16	Banks may not pledge assets; exceptions.
48.17	Powers of officers or employees.
48.18	Pledges or liens of assets subject to prior liens.
48.185	Open end loan account arrangements.
48.19	[Repealed, 1Sp1985 c 13 s 376]
48.194	Installment sales contracts; loans.
48.195	Interest rates; usury limit for depository institutions.
48.196	Penalty for usurious interest.
48.20	Unauthorized pledges, notes, liens void.
48.21	Real estate; restrictions on holding.
48.22	[Repealed, 1981 c 182 s 6]
48.221	Reserves.
48.23	Bank not to lend on its own stock or purchase same.
48.24	Restrictions upon total liabilities to a bank.
48.245	War veteran, minority; contract for loan.
48.25	[Repealed, 1982 c 473 s 30]
48.26	[Repealed, 1994 c 382 s 15]
48.27	Limitation on amount of deposits.
48.28	Liquidation, unless deposits are reduced.
48.29	Repealed, 1965 c 811 art 10 s 336.10-102
48.30	Deposits in name of minor.
48.301	Multiparty accounts.
48.31	State banks organized from national banks.
48.32	State banks or trust companies may be members of federal reserve banks.
48.33	Execution of trust.
48.34	Branch banks prohibited.
48.35	Clearing houses.
48.36	Application.
48.37	Certificates from commissioner.
48.38	Powers and duties.
48.39	Trust accounts recorded.
48.40	Subject to orders of court.
48.41	Corporate name.
48.42	Bank may be designated as savings bank.
48.43	Banks may cease operations; duties of commissioner.
48.44	Banks may organize as trust company.
48.45	Corporate names.
48.46	Authorized securities purchased.
48.47	Banking and trust company business.
48.475	Trust service offices.
48.476	Representative trust office.
48.48	Reports to commissioner.
48.49	Books to be kept.
48.50	Demand deposits; interest.
48.51	Demand deposits defined.
48.511	[Repealed, 1983 c 225 s 11]
48.512	Procedures for opening checking accounts.
48.513	Financial intermediary fees.
48.515	Repealed, 1965 c 811 art 10 s 336.10-102
48.518	Repealed, 1965 c 811 art 10 s 336.10-102
48.521	[Repealed, 1969 c 725 s 32]
48.522	[Repealed, 1969 c 725 s 32]
48.523	[Repealed, 1969 c 725 s 32]
48.524	[Repealed, 1969 c 725 s 32]
48.525	[Repealed, 1969 c 725 s 32]
48.526	[Repealed, 1969 c 725 s 32]
48.527	[Repealed, 1969 c 725 s 32]
48.528	[Repealed, 1969 c 725 s 32]
48.53	[Repealed, 1943 c 620 s 9]
48.54	[Repealed, 1943 c 620 s 9]
48.55	[Repealed, 1943 c 620 s 9]
48.56	Banking institutions may use federal banking act.
48.57	[Repealed, 1Sp1985 c 13 s 376]
48.58	[Repealed, 1Sp1985 c 13 s 376]
48.59	Commissioner may accept examinations and reports of corporation.
48.60	[Repealed, 1987 c 349 art 1 s 40]
48.605	State banks, employee stock option and stock purchase plans.
48.61	Authorized investments for state banks and trust companies.
48.611	[Repealed, 1995 c 202 art 1 s 26]
48.62	Banks may issue notes or debentures.
48.63	Banks need not give security for deposits.
48.64	Deposits of trust funds.
48.65	Trust companies to comply with certain laws.
48.66	National banks may act as fiduciaries.
48.67	Capital of trust companies.
48.68	Directors; qualifications; vacancies, how filled.
48.69	Certain trust companies may assume powers of state banks.
48.70	Certificates to be amended.
48.71	Department to approve certificates.
48.72	Application.
48.73	Powers and duties of trust companies.
48.74	Funds and property held in fiduciary capacity.
48.75	Prohibited dealings and indebtedness.
48.76	Powers of court; annual report to the court and to the commissioner.
48.77	Procedure upon violation of law or insolvency.
48.78	Agent or attorney in fact, acting as.
48.79	Acting as assignee, receiver, or executor.
48.80	Compensation; commission not deemed interest.
48.81	Investment powers; limitation.
48.82	Deposits of trust and other funds received.
48.83	Deposit with trust company instead of a larger bond.
48.84	Corporate trustee; trust funds, investment, commingling.
48.841	Common trust funds, affiliates.
48.845	Substitution in fiduciary capacities for affiliated or other banks; definitions.
48.846	Substitution; application; notice; hearing; court order; filing.
48.85	Transfer of trusts to company; condition.
48.86	Trust funds; investment of accumulations.
48.87	[Repealed, 1Sp1985 c 13 s 376]
48.88	Violations; penalties.
48.89	Clerical service corporation.
48.892	Clerical services offices.
48.90	Legislative intent.
48.91	Title.
48.92	Definitions.
48.93	Acquisition procedure.
48.94	[Repealed, 1996 c 414 art 1 s 44]
48.95	[Repealed, 1995 c 202 art 4 s 26]
48.96	Supervision.
48.97
48.98	[Repealed, 1995 c 202 art 4 s 26]
48.99	Special acquisitions authorized.
48.991	[Repealed, 1995 c 202 art 4 s 25]
48.992	Exemption.
48.993	Reciprocal interstate branching.
48.995	Foreign corporation filing.