Minn. R. 2675.2220

Current through Register Vol. 48, No. 51, June 17, 2024
Part 2675.2220 - ADDITIONAL COMMON STOCK SALES

Any bank which increases its common capital account by means of the sale of additional common stock need not carry such funds in any other bank but may carry them on its own books among demand liabilities and furnishing appropriate certificate to the commissioner as to the total paid in.

Minn. R. 2675.2220

9 SR 1689

Statutory Authority: MS s 46.01