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Office of the Revisor of Statutes

SF 2053 Senate Long Description

1E "Minnesota Public Benefit Corporation Act"; specifying act application; defining certain terms; establishing the incorporation process of a public benefit corporation; specifying the election of a public benefit corporation status and the termination of a public benefit corporation status; specifying the purposes of a public benefit corporation; establishing standards of conduct for corporation directors and the right of action; requiring the preparation of an annual benefit report
(rt)