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Capital IconMinnesota Legislature

Legislative Session number- 87

Bill Name: SF1267

"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
(je)