Minnesota Statutes
§ 301.80 — LIMITATIONS ON OBLIGATIONS
Minnesota § 301.80
JurisdictionMinnesota
PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Ch. 301DEVELOPMENT CORPORATIONS
This text of Minnesota § 301.80 (LIMITATIONS ON OBLIGATIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 301.80 (2026).
Text
At no time shall the total obligations of the corporation exceed ten times the amount of the paid-in capital and surplus, not including earned surplus.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1957 c 896 s 10
Nearby Sections
14
§ 301.71
DEVELOPMENT CORPORATIONS§ 301.72
PURPOSES§ 301.73
CERTIFICATE§ 301.74
PUBLICATION OF CERTIFICATE§ 301.75
ADDITIONAL POWERS§ 301.76
CAPITAL STOCK§ 301.77
DIRECTORS§ 301.78
NONSTOCKHOLDER MEMBERS§ 301.79
EARNED SURPLUS§ 301.80
LIMITATIONS ON OBLIGATIONS§ 301.81
DEPOSIT OF FUNDS§ 301.82
SUPERVISION AND EXAMINATIONCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 301.80, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/301/301.80.