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Office of the Revisor of Statutes

SF 1153 Senate Long Description

"Minnesota Responsible Business Corporations Act"; providing for incorporation of socially responsible for profit business corporations; defining certain terms; providing for the relationship to other law; specifying conditions for incorporation; specifying directors standard of conduct; requiring directors representation of stakeholder interests; limiting applicability of common law of agency; authorizing and providing for input and accountability considerations for other than shareholder interests; providing for attorney general intervention under certain conditions
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