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2005 Minnesota Statutes - 302A.425 — Liability of subscribers and shareholders with respect to shares.



     302A.425 Liability of subscribers and shareholders with 
  respect to shares. 


    A subscriber for shares or a shareholder of a corporation 
 is under no obligation to the corporation or its creditors with 
 respect to the shares subscribed for or owned, except to pay to 
 the corporation the full consideration for which the shares are 
 issued or to be issued.  


    HIST: 1981 c 270 s 63

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