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2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 317A — NONPROFIT CORPORATIONS
Section 317A.763 — DECREE OF DISSOLUTION.
Universal Citation: MN Stat § 317A.763 (2018)
317A.763 DECREE OF DISSOLUTION.
Subdivision 1. Procedure; when entered. In an involuntary or supervised voluntary dissolution, the court shall provide for the discharge of obligations and the distribution of the assets as set forth in section 317A.753, subdivision 4, and shall enter a decree dissolving the corporation.
Subd. 2. Effective date. When the decree dissolving the corporation has been entered, the corporation is dissolved.
History: 1989 c 304 s 110
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