Changes to the Minnesota Business Corporation Act


The Minnesota legislature has passed, and Governor Dayton has signed into law, changes to the Minnesota Business Corporation Act. Among other things, the changes would:

  • Provide for pre-clearance of documents to be filed with the Minnesota Secretary of State.
  • Provide for dissenters’ rights in certain transactions where shareholders are eliminated in fractional share transactions.
  • Clarify the manner in which interest in dissenters’ rights actions is calculated.
  • Provide for cross-entity conversions with foreign entities.

The changes will be effective August 1, 2014. Learn more about the changes to the Minnesota Business Corporation Act by downloading a PDF of our comprehensive analysis.

Related Capabilities

Subscribe to Stinson's
News & Insights
Jump to Page

We use cookies on our website to improve functionality and performance, analyze website traffic and enable social media features. By continuing to use our website, you agree to our use of cookies. For more information, please see our Cookie Policy.