{"data":{"id":"us-mn/minn.-stat.-50.25","jurisdiction":"us-mn","citation":"Minn. Stat. § 50.25","heading":"BANKS ORGANIZED UNDER THE LAWS OF MINNESOTA; CAPITAL STOCK; AMENDMENT OF ARTICLES.","body":"A corporation which was incorporated and organized under the laws of Minnesota for the purpose of doing a savings bank business, may have capital stock of $100 per share, par value; provided, the minimum required capital shall not be less than $500,000. The capital funds of a proposed savings bank shall be in such greater amount which the commissioner considers necessary, having in mind the deposit potential for such a proposed bank and current industry standards of capital adequacy.","path":["BANKING","CHAPTER 50. SAVINGS BANKS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/50.25","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:27Z","sha256":"57d2e344b52b690d03e38e6bf8ccdaee12a84566794883ae9864056ac12e7e2d","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-50.245","next":"us-mn/minn.-stat.-50.28"},"notice":"GroundRules: Original legal text. Not legal advice."}
