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1997 Minnesota Statutes
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Chapter 51A
Section 51A.16
Recent History
- 1996 51A.16 Repealed 1996 c 414 art 1 s 44
This is an historical version of this statute chapter. Also view the most recent published version.
51A.16 Depositories.
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.
HIST: 1969 c 490 s 16
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Revisor of Statutes