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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 51A.10: MEMBERSHIP CHARGES PROHIBITED.

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Where this section sits in the code
  1. BANKING
  2. CHAPTER 51A. SAVINGS ASSOCIATIONS

The mutual association shall not directly or indirectly charge any membership, admission, withdrawal, or any fee or sum of money for the privilege of becoming, remaining, or ceasing to be a member of the mutual association, except charges authorized by this chapter. Except as authorized by this chapter, the mutual association shall not charge any member any sum of money by way of fine or penalty for any cause.

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

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