2005 Minnesota Statutes - 47.13 — Application of business corporation act.

     47.13 Application of business corporation act. 


    The provisions of chapter 302A, other than sections 
 302A.471, 302A.473, 302A.671, 302A.673, 302A.675, and 302A.701 
 to 302A.791, apply to corporations formed for any of the 
 purposes specified in section 47.12, except: 


    (1) that section 302A.215, subdivisions 2 and 3, only apply 
 if the corporation's certificate of incorporation provides 
 cumulative voting; and 


    (2) to the extent those provisions are inconsistent with 
 any of the provisions of this chapter and chapters 46 to 50. 


    HIST: 2005 c 69 art 1 s 2 


*   NOTE:  This section, as added by Laws 2005, chapter 69, 
*article 1, section 2, is effective August 1, 2006.  Laws 2005, 
*chapter 69, article 4, section 2.