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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 51A.41: RIGHT TO ACT TO AVOID LOSS.

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

Nothing in sections 51A.01 to 51A.57 or the statute law of the state shall be construed as denying to an association the right to invest its funds, operate a business, manage or deal in property, or take any other action over whatever period of time may reasonably be necessary to avoid loss on a loan or investment theretofore made or an obligation created in good faith.

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

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