1.1 	A bill for an act
1.2 	relating to corporations; requiring corporations to act in the public interest and for 
1.3 	the general benefit;proposing coding for new law in Minnesota Statutes, chapter 
1.4 	300.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [300.655] TO ACT IN PUBLIC INTEREST.
1.7 	A corporation organized under the laws of this state or a corporation authorized to do 
1.8 	business in this state shall conduct its activities in this state in a manner consistent with the 
1.9 	public interest and for the general benefit. The public interest and general benefit require 
1.10 	that a corporation make a corporate decision by considering, at a minimum, the effect of 
1.11 	the decision on:
1.12 	(1) the environment;
1.13 	(2) competition in price and quality;
1.14 	(3) the health, safety, and nutrition of customers, employees, and the public; and
1.15 	(4) justice and on the disposition of citizens to break or conform to the law.