State Codes and Statutes
Statutes > Minnesota > 300-319B > 317A > 317A_403317A.403 MEMBERSHIP CERTIFICATES.
A corporation may issue certificates showing membership in the corporation. In lieu of a membership certificate, a corporation may issue preferred or common stock. Stock may be issued upon the terms and conditions that the board considers appropriate.
History:
1989 c 304 s 57; 1990 c 488 s 26