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317A.101 PURPOSES.
A corporation may be incorporated under this chapter for any lawful purpose, unless another
statute requires incorporation for a purpose under a different law. Unless otherwise limited in its
articles, a corporation has a general purpose of engaging in any lawful activity. A corporation
engaging in conduct that is regulated by another statute is subject to the limitations of the other
statute.
History: 1989 c 304 s 8

Official Publication of the State of Minnesota
Revisor of Statutes