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48.11 CONTRACTS, HOW MADE.

Every contract made by any bank, except routine business, shall be first duly authorized by resolution of its board of directors, signed by the president or vice-president and by the cashier or some other officer specially designated by the board, and have its corporate seal impressed thereon.

History:

(7678) RL s 2994

Official Publication of the State of Minnesota
Revisor of Statutes