State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_50

48.50 DEMAND DEPOSITS; INTEREST.

No bank shall, directly or indirectly, by any device, pay any interest on any deposit which is payable on demand.

History:

(7697-10) 1937 c 403 s 1; 1957 c 601 s 19

State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_50

48.50 DEMAND DEPOSITS; INTEREST.

No bank shall, directly or indirectly, by any device, pay any interest on any deposit which is payable on demand.

History:

(7697-10) 1937 c 403 s 1; 1957 c 601 s 19


State Codes and Statutes


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State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_50

48.50 DEMAND DEPOSITS; INTEREST.

No bank shall, directly or indirectly, by any device, pay any interest on any deposit which is payable on demand.

History:

(7697-10) 1937 c 403 s 1; 1957 c 601 s 19


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