A corporation organized under sections 315.26 to 315.29 shall hold property conveyed or transferred to it for the same use and subject to the same trusts and conditions as the corporation conveying or transferring the property.
Minn. Stat. § 315.29
RIGHT TO HOLD PROPERTY.
(7994) 1917 c 107 s 4; 1985 c 265 art 5 s 1
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.