47.76 REQUIRED SAVINGS ACCOUNT.
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/mn/chapter-47/47-76A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
47.76 REQUIRED SAVINGS ACCOUNT.
A federal or state chartered financial institution, including, but not limited to, a bank, savings association, savings bank, or credit union, shall offer to a Minnesota resident a savings account to promote thrift that has no service charge or fee, if such an account has an average monthly balance of more than $50.