2004 Minnesota Code
Chapters 46 - 59 Banking
Chapter 50 Savings Banks
Section 50.20 Report to show liabilities.
50.20 Report to show liabilities.
This report shall also state all its liabilities on the morning of January first, and show:
(1) the amount due the depositors, including any dividend to be credited to them for the half-year ending on that day; and
(2) all other debts or claims against it which are or may be a charge upon its assets.
It shall also state the amount deposited during the previous year and the amounts withdrawn during the same period; the whole amount of interest or profits received or earned and the amount of dividends or interest credited to depositors; the number of accounts opened or reopened; the number of accounts closed during the year; and the number of open accounts at the end of the year; and such other information as may be required by the commissioner of commerce.
HIST: (7720) RL s 3028; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92
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