State Codes and Statutes

Statutes > Minnesota > 116R-116W > 116T > 116T_06

116T.06 DISSOLUTION.

In the event of dissolution of the corporation for any reason, the bylaws must provide for return of the proceeds of that liquidation and any wholly owned assets of the corporation to the entities participating in Northern Technology Initiative, Inc. in exchange for the assumption of all outstanding obligations of the corporation.

History:

1Sp2001 c 10 art 2 s 58

State Codes and Statutes

Statutes > Minnesota > 116R-116W > 116T > 116T_06

116T.06 DISSOLUTION.

In the event of dissolution of the corporation for any reason, the bylaws must provide for return of the proceeds of that liquidation and any wholly owned assets of the corporation to the entities participating in Northern Technology Initiative, Inc. in exchange for the assumption of all outstanding obligations of the corporation.

History:

1Sp2001 c 10 art 2 s 58


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 116R-116W > 116T > 116T_06

116T.06 DISSOLUTION.

In the event of dissolution of the corporation for any reason, the bylaws must provide for return of the proceeds of that liquidation and any wholly owned assets of the corporation to the entities participating in Northern Technology Initiative, Inc. in exchange for the assumption of all outstanding obligations of the corporation.

History:

1Sp2001 c 10 art 2 s 58