Section 48.11 — Contracts, How Made.

MN Stat § 48.11 (2019) (N/A)
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Every contract made by any bank, except routine business, shall be first duly authorized by resolution of its board of directors, signed by the president or vice-president and by the cashier or some other officer specially designated by the board, and have its corporate seal impressed thereon.

History: (7678) RL s 2994