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300.35 Stock certificates to show number of shares.

A stock certificate issued for shares without nominal or par value must have plainly written or printed upon its face the number of shares which it represents. No certificate may express the nominal or par value of these shares or express a rate of dividend to which it is entitled in terms of percentage of par or other value.

HIST: (7470-3) 1925 c 333 s 3; 1984 c 628 art 5 s 1

Official Publication of the State of Minnesota
Revisor of Statutes