Minnesota § 302A.601 MERGER, EXCHANGE, TRANSFER

Minnesota Statutes

§ 302A.601 — MERGER, EXCHANGE, TRANSFER

Minnesota § 302A.601

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 302ABUSINESS CORPORATIONS

This text of Minnesota § 302A.601 (MERGER, EXCHANGE, TRANSFER) 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.601 (2026).

Text

Subdivision 1.Merger.
A corporation may merge with one or more domestic or foreign corporations, resulting in a single domestic or foreign corporation, with or without a business purpose, pursuant to a plan of merger approved in the manner provided in sections302A.611to302A.651.

Subd. 2.Exchange.
A corporation may acquire all of the outstanding shares of one or more classes or series of another domestic or foreign corporation pursuant to a plan of exchange approved in the manner provided in sections302A.611to302A.615, and302A.631to302A.651.

Subd. 3.Transfer.
A corporation may sell, lease, transfer, or otherwise dispose of all or substantially all of its property and assets in the manner provided in section302A.661.

Subd. 4.Merger or exchange with limited liability company.
A corporatio

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Subdivision 1.Merger.
A corporation may merge with one or more domestic or foreign corporations, resulting in a single domestic or foreign corporation, with or without a business purpose, pursuant to a plan of merger approved in the manner provided in sections302A.611to302A.651.

Subd. 2.Exchange.
A corporation may acquire all of the outstanding shares of one or more classes or series of another domestic or foreign corporation pursuant to a plan of exchange approved in the manner provided in sections302A.611to302A.615, and302A.631to302A.651.

Subd. 3.Transfer.
A corporation may sell, lease, transfer, or otherwise dispose of all or substantially all of its property and assets in the manner provided in section302A.661.

Subd. 4.Merger or exchange with limited liability company.
A corporation may participate in a merger or exchange with a limited liability company. The dissenters' rights for shareholders of a corporation are governed by this chapter.