There is a newer version of the Minnesota Statutes
2016 Minnesota Statutes
Chapters 46 - 59 — BANKING
Chapter 48 — BANKS
Section 48.11 — CONTRACTS, HOW MADE.
MN Stat § 48.11 (2016) What's This?
48.11 CONTRACTS, HOW MADE. Every contract made by any bank, except routine business, shall be first duly authorized by resolution of its board of directors, signed by the president or vice-president and by the cashier or some other officer specially designated by the board, and have its corporate seal impressed thereon.
History: (7678) RL s 2994
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