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2020 Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 300 — General Provisions
Section 300.67 — Declaration Of Policies.
Universal Citation: MN Stat § 300.67 (2020)
300.67 DECLARATION OF POLICIES.
It is declared to be the public policy of the state of Minnesota that contributions made in accordance with the provisions of section 300.66 constitute a valid and proper use of corporate funds, and in the absence of an express provision in its charter to the contrary, the making of contributions or gifts by a corporation is within its powers and inures to the benefit of the corporation.
History:1949 c 156 s 2; 1984 c 628 art 5 s 1
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