yourstate.us
Home / Minnesota / Banks
Minn. Stat. § 48.05

Capital Not to Be Withdrawn; Dividends

Minnesota · Minnesota Statutes Chapter 48 — Banks · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Minn. Stat. § 48.05, Capital Not to Be Withdrawn; Dividends, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1695348
Permanent ID
ys:prov:1695348@1
SHA-256
2739d5dacdd2b22ee6105c76292f9232dba5af1669e7dafb4678fd251b623b8d

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

No portion of the capital or surplus of any banking institution shall ever be withdrawn by any person or in any way, either in dividends or otherwise, except upon reduction as provided by law. No dividend on common stock shall be made except as provided in section 48.09.