1997 Minnesota Statutes

     48.27 Limitation on amount of deposits.  

    No bank or trust company organized under the laws of this 
 state shall accept deposits in a sum exceeding 30 times the 
 amount of its capital stock and its actual surplus.  

    HIST: (7699-12) 1927 c 325 s 1; 1943 c 342 s 2; 1945 c 73 s 1; 
 1947 c 11 s 1; 1949 c 24 s 1; 1959 c 88 s 11