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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 301.80: LIMITATIONS ON OBLIGATIONS.

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Where this section sits in the code
  1. BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
  2. 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

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