48.158 — Settlement of checks at less than par.

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     48.158 Settlement of checks at less than par.  


    No bank or trust company organized under the laws of this 
 state shall settle any check drawn on it otherwise than at par.  
 The provisions of this section shall not apply with respect to 
 the settlement of a check sent to such bank or trust company as 
 a special collection item.  This section is in effect on and 
 after November 1, 1968.  


    HIST: 1967 c 156 s 1 


Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.