Minn. Stat. § 301.80: LIMITATIONS ON OBLIGATIONS.
Where this section sits in the code
- BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
- CHAPTER 301. DEVELOPMENT CORPORATIONS
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.
Collected 2026-09-02T22:10:41Z. Source file · JSON