In the absence of an election or appointment of officers by the board, the person or persons exercising the principal functions of the chief executive officer or the chief financial officer are deemed to have been elected to those offices, except for the purpose of determining the location of the principal executive office, which in that case is the registered office of the corporation.
Minn. Stat. § 302A.321
OFFICERS DEEMED ELECTED.
Known as the Minnesota Business Corporation Act
The act spans §§ 302–302 (139 sections).
1981 c 270 s 50
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.