Minnesota Statutes
§ 302A.425 — LIABILITY OF SUBSCRIBERS AND SHAREHOLDERS WITH RESPECT TO SHARES
Minnesota § 302A.425
JurisdictionMinnesota
PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Ch. 302ABUSINESS CORPORATIONS
This text of Minnesota § 302A.425 (LIABILITY OF SUBSCRIBERS AND SHAREHOLDERS WITH RESPECT TO SHARES) 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. § 302A.425 (2026).
Text
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.
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Legislative History
1981 c 270 s 63
Nearby Sections
15
§ 302A.001
CITATION§ 302A.011
DEFINITIONS§ 302A.021
APPLICATION AND ELECTION§ 302A.031
TRANSITION§ 302A.041
RESERVATION OF RIGHT§ 302A.101
PURPOSES§ 302A.105
INCORPORATORS§ 302A.111
ARTICLES§ 302A.115
CORPORATE NAME§ 302A.117
RESERVED NAME§ 302A.121
REGISTERED OFFICE; REGISTERED AGENT§ 302A.131
AMENDMENT OF ARTICLESCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 302A.425, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/302A.425.