State Codes and Statutes

Statutes > Minnesota > 300-319B > 301 > 301_80

301.80 LIMITATIONS ON OBLIGATIONS.

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.

History:

1957 c 896 s 10

State Codes and Statutes

Statutes > Minnesota > 300-319B > 301 > 301_80

301.80 LIMITATIONS ON OBLIGATIONS.

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.

History:

1957 c 896 s 10


State Codes and Statutes


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State Codes and Statutes

Statutes > Minnesota > 300-319B > 301 > 301_80

301.80 LIMITATIONS ON OBLIGATIONS.

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.

History:

1957 c 896 s 10


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