There is a newer version of the Minnesota Statutes
2004 Minnesota Code
Chapters 300 - 319B Corporations
Chapter 300 General Provisions
Section 300.36 Value for determining prescribed minimum or maximum capital.
300.36 Value for determining prescribed minimum or maximum capital.
For the limited purpose of determining the minimum or maximum capital prescribed by law for stock corporations, shares without nominal or par value must be valued at $10 per share.
HIST: (7470-4) 1925 c 333 s 4; 1935 c 230 s 1; 1984 c 628 art 5 s 1
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