Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 49.013: INSOLVENT FINANCIAL INSTITUTIONS; ASSIGNMENT PROHIBITED.

Where this section sits in the code

BANKING
CHAPTER 49. LIQUIDATION, CONSOLIDATION, MERGER

No financial institution shall make an assignment by reason of existing or probable insolvency. Its governing board or managing officers, if satisfied that it is, or is about to become, insolvent, shall immediately report that fact to the commissioner.

Collected 2026-09-02T22:10:27Z. Source file · JSON

Browse this collection