Minnesota § 301.84 - OBLIGATIONS ARE LEGAL INVESTMENTS FOR MEMBERS

Full text of Minnesota Minnesota Statutes § 301.84 — OBLIGATIONS ARE LEGAL INVESTMENTS FOR MEMBERS, with citation guidance and answers to common questions.

§ 301.84. OBLIGATIONS ARE LEGAL INVESTMENTS FOR MEMBERS

Notwithstanding any other statute, the notes or other interest-bearing obligations of any corporation organized under sections 301.71 to 301.84, issued in accordance with sections 301.71 to 301.84 and the articles of incorporation and the bylaws of the corporation shall be legal investments for any banks, savings banks, savings associations, trust companies, stock or mutual insurance companies or other financial institutions which become members of the corporation.

History:

1957 c 896 s 14; 1995 c 202 art 1 s 25

Official Publication of the State of Minnesota
Revisor of Statutes

Source: official Minnesota text · Last verified 2026-08-27

Related Minnesota Legal Topics

Frequently Asked Questions About Minnesota § 301.84

What does Minnesota Statutes § 301.84 cover?

Section 301.84 ("OBLIGATIONS ARE LEGAL INVESTMENTS FOR MEMBERS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 301.84?

A common citation format is "Minnesota Statutes § 301.84" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 301.84 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.