Minnesota Legislature
Office of the Revisor of Statutes
2001 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
302A.425 Liability of subscribers and shareholders with respect to shares.
A subscriber for shares or a shareholder of a corporation is under no obligation to the corporation or its creditors with respect to the shares subscribed for or owned, except to pay to the corporation the full consideration for which the shares are issued or to be issued.
HIST: 1981 c 270 s 63
Official Publication of the State of Minnesota
Revisor of Statutes