When the articles of incorporation have been filed with the secretary of state and the required fee has been paid to the secretary of state, it is presumed that all conditions precedent required to be performed by the incorporators have been complied with and that the corporation has been incorporated, and the secretary of state shall issue a certificate of incorporation to the corporation, but this presumption does not apply against this state in a proceeding to cancel or revoke the certificate of incorporation or to compel the involuntary dissolution of the corporation.
Minn. Stat. § 302A.155
PRESUMPTION; CERTIFICATE OF INCORPORATION.
Known as the Minnesota Business Corporation Act
The act spans §§ 302A.001 to 302A.92 (139 sections).
Applied in 2 court decisions — leading case Warthan v. Midwest Consolidated Insurance Agencies, Inc. (1990)
Most recently applied in Warthan v. Midwest Consolidated Insurance Agencies, Inc. (January 1990)
1981 c 270 s 20
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.