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300.30 Capital stock.

Except as otherwise provided in this chapter, the capital stock of a stock corporation must not be less than $10,000. It must be divided into shares of not less than $1 nor more than $100 each. The capital and number of shares may be increased at a regular or specially called meeting of the stockholders.

HIST: (7468) RL s 2868; 1984 c 628 art 5 s 1

Official Publication of the State of Minnesota
Revisor of Statutes