2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 317A — NONPROFIT CORPORATIONS
Section 317A.213 — CLASSIFICATION OF DIRECTORS.

Universal Citation: MN Stat § 317A.213 (2018)
317A.213 CLASSIFICATION OF DIRECTORS.

(a) Except as provided in paragraph (b), directors may be divided into classes.

(b) Directors of a corporation described in section 317A.811, subdivision 1, may not vote by class except when the articles or bylaws provide that only one class of directors may vote on a particular matter.

History: 1989 c 304 s 33; 1990 c 488 s 17

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