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2019 Minnesota Statutes
Chapters 46 - 59 — Banking
Chapter 48 — Banks
Section 48.44 — Bank May Organize As Trust Company.
Universal Citation: MN Stat § 48.44 (2019)
48.44 BANK MAY ORGANIZE AS TRUST COMPANY.
Hereafter state banks which may be organized in the manner now provided by law may be organized with the additional authority to exercise the fiduciary powers and privileges set out in sections 48A.07 and 48A.08; provided, that the capital and surplus of any such bank shall not be less than $500,000.
History: (7661-1) 1931 c 267 s 1; 1969 c 772 s 5; 1977 c 272 s 11; 1998 c 331 s 10
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