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Minnesota Statutes Business Development (Ch. 116R-116W) § 116T.06. Dissolution

Current as of January 01, 2023 | Updated by FindLaw Staff

In the event of dissolution of the corporation for any reason, the bylaws must provide for return of the proceeds of that liquidation and any wholly owned assets of the corporation to the entities participating in Northern Technology Initiative, Inc. in exchange for the assumption of all outstanding obligations of the corporation.

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Cite this article: FindLaw.com - Minnesota Statutes Business Development (Ch. 116R-116W) § 116T.06. Dissolution - last updated January 01, 2023 | https://codes.findlaw.com/mn/business-development-ch-116r-116w/mn-st-sect-116t-06/

Read this complete Minnesota Statutes Business Development (Ch. 116R-116W) § 116T.06. Dissolution on Westlaw. Westlaw subscription required.

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