2020 Minnesota Statutes
Chapters 85 - 87A — Recreation
Chapter 85B — Lake Superior Center Authority
Section 85B.08 — Dissolution.

Universal Citation: MN Stat § 85B.08 (2020)
85B.08 DISSOLUTION.

Upon dissolution of the corporation for any reason, its wholly owned assets become state property. Partially owned assets become state property to the extent that state money was used to acquire them.

History:

1990 c 535 s 8

Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.