Minnesota § 465.717 CREATION OF CORPORATIONS

Minnesota Statutes

§ 465.717 — CREATION OF CORPORATIONS

Minnesota § 465.717

PartPOLITICAL SUBDIVISIONS, GENERAL PROVISIONS

Ch. 465RIGHTS, POWERS AND DUTIES; MUNICIPALITIES

This text of Minnesota § 465.717 (CREATION OF CORPORATIONS) 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. § 465.717 (2026).

Text

Subdivision 1.Statutory authorization required.
A county, home rule charter city, statutory city, town, school district, or other political subdivision, including a joint powers entity operating under section471.59, may not create a corporation, whether for profit or not for profit, unless explicitly authorized to do so by law.

Subd. 2.Authority to incorporate a joint powers entity.
A joint powers entity created under section471.59may incorporate itself as a nonprofit under chapter 317A. A corporation created under this subdivision shall comply with every law that applies to the participating political subdivisions and shall possess no greater authority or power than that held by the joint powers entity itself.

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Subdivision 1.Statutory authorization required.
A county, home rule charter city, statutory city, town, school district, or other political subdivision, including a joint powers entity operating under section471.59, may not create a corporation, whether for profit or not for profit, unless explicitly authorized to do so by law.

Subd. 2.Authority to incorporate a joint powers entity.
A joint powers entity created under section471.59may incorporate itself as a nonprofit under chapter 317A. A corporation created under this subdivision shall comply with every law that applies to the participating political subdivisions and shall possess no greater authority or power than that held by the joint powers entity itself.