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2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 317A — NONPROFIT CORPORATIONS
Section 317A.687 — ABANDONMENT.
Universal Citation: MN Stat § 317A.687 (2018)
317A.687 ABANDONMENT.
Subject to any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 317A.685, a converting corporation may amend the plan or abandon the conversion:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
History: 2017 c 17 s 14
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