Public-domain · open source
OpenJurist

Minn. Stat. § 302A.141

EFFECT OF AMENDMENT.

Known as the Minnesota Business Corporation Act

The act spans §§ 302A.001 to 302A.92 (139 sections).

1981 c 270 s 17; 1987 c 104 s 14

Subdivision 1. Effect on cause of action.

An amendment does not affect an existing cause of action in favor of or against the corporation, nor a pending suit to which the corporation is a party, nor the existing rights of persons other than shareholders.

Subd. 2. Effect of change of name.

If the corporate name is changed by the amendment, a suit brought by or against the corporation under its former name does not abate for that reason.

Subd. 3. Effect of amendments restating articles.

When effective under section 302A.153 , an amendment restating the articles in their entirety supersedes the original articles and all amendments to the original articles.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.