Minnesota § 317A.141 EFFECT OF AMENDMENT

Minnesota Statutes

§ 317A.141 — EFFECT OF AMENDMENT

Minnesota § 317A.141

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 317ANONPROFIT CORPORATIONS

This text of Minnesota § 317A.141 (EFFECT OF AMENDMENT) 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. § 317A.141 (2026).

Text

Subdivision 1.Effect on cause of action.
An amendment does not affect an existing cause of action in favor of or against the corporation, a pending suit to which the corporation is a party, nor the existing rights of persons other than members.

Subd. 2.Effect of change of name.
If the corporate name is changed by the amendment, a suit brought by or against the corporation under its former name does not abate for that reason.

Subd. 3.Effect of amendments restating articles.
When effective under section317A.151, an amendment restating the articles in their entirety supersedes the original articles and amendments to the original articles.

Subd. 4.Effect of amendments on charitable trust assets.
Assets held by a corporation, including income or fees from services, are restricted to the use

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Subdivision 1.Effect on cause of action.
An amendment does not affect an existing cause of action in favor of or against the corporation, a pending suit to which the corporation is a party, nor the existing rights of persons other than members.

Subd. 2.Effect of change of name.
If the corporate name is changed by the amendment, a suit brought by or against the corporation under its former name does not abate for that reason.

Subd. 3.Effect of amendments restating articles.
When effective under section317A.151, an amendment restating the articles in their entirety supersedes the original articles and amendments to the original articles.

Subd. 4.Effect of amendments on charitable trust assets.
Assets held by a corporation, including income or fees from services, are restricted to the uses and purposes for which the property was received and held.