2003 Minnesota Statutes

     48.03 Stock list; stockholders' liability. 

    Subdivision 1.  The president and cashier of any bank of 
 discount and deposit shall at all times keep an accurate 
 verified list of all its stockholders, with the amount of stock 
 held by each, the dates of all transfers and names of 
 transferees.  

    Subd. 2.  Except as provided in section 300.27, no 
 stockholder in any bank of discount and deposit or in any 
 banking or trust corporation or association shall be personally 
 liable for debts of such bank, corporation or association.  

    Subd. 3. Repealed, 2001 c 56 s 12 

    Subd. 4. Repealed, 1992 c 587 art 1 s 31 

    Subd. 5. Repealed, 1992 c 587 art 1 s 31 

    HIST: (7669) RL s 2985; 1907 c 137 s 1; 1955 c 14 s 1,2; 1957 
 c 601 s 5; 1965 c 171 s 6; 1967 c 102 s 4; 1976 c 181 s 2; 1984 
 c 576 s 8; 2001 c 56 s 3,4