{"data":{"id":"us-mn/minn.-stat.-48.23","jurisdiction":"us-mn","citation":"Minn. Stat. § 48.23","heading":"BANK NOT TO LEND ON ITS OWN STOCK OR PURCHASE SAME.","body":"Any such bank shall make no loan or discount on the security of its own capital stock, nor be the purchaser or holder thereof, unless necessary to prevent loss upon a debt previously contracted in good faith, and all stock so acquired shall be disposed of, at public or private sale, within six months after it is so acquired.","path":["BANKING","CHAPTER 48. BANKS","GENERAL POWERS AND DUTIES"],"source_url":"https://www.revisor.mn.gov/statutes/cite/48.23","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:27Z","sha256":"728cbd47eaacfa65c6c43cefe26de13a2e39ad1bf92a3cec827bc7432652b2f6","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-48.221","next":"us-mn/minn.-stat.-48.24"},"notice":"GroundRules: Original legal text. Not legal advice."}