Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
116S.10 SUCCESSOR STATUS.
(a) Minnesota Business Finance, Inc. is the legal successor in all respects of Opportunities
Minnesota Incorporated established under section 116J.985, and all assets and liabilities are
transferred to it. The board of directors shall promptly upon appointment amend the relevant
documents and file them with the secretary of state.
(b) The balance of the funds in the special revenue fund account currently allocated to
Opportunities Minnesota Incorporated are transferred to the Minnesota business finance account
for the purposes of sections 13.598, subdivision 3, and 116S.01 to 116S.09.
History: 1993 c 177 s 11; 1999 c 227 s 22
(a) Minnesota Business Finance, Inc. is the legal successor in all respects of Opportunities
Minnesota Incorporated established under section 116J.985, and all assets and liabilities are
transferred to it. The board of directors shall promptly upon appointment amend the relevant
documents and file them with the secretary of state.
(b) The balance of the funds in the special revenue fund account currently allocated to
Opportunities Minnesota Incorporated are transferred to the Minnesota business finance account
for the purposes of sections 13.598, subdivision 3, and 116S.01 to 116S.09.
History: 1993 c 177 s 11; 1999 c 227 s 22
Official Publication of the State of Minnesota
Revisor of Statutes