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Minn. Stat. § 317A.687

ABANDONMENT.

Known as the Minnesota Nonprofit Corporation Act

The act spans §§ 317A.001 to 317A.909 (134 sections).

2017 c 17 s 14

Subject to any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 317A.685 , a converting corporation may amend the plan or abandon the conversion:

(1) as provided in the plan; or

(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.

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.