Idaho Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act

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These Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act relate to corporate activity in Minnesota.
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  • Preview Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act
  • Preview Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act
  • Preview Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act
  • Preview Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act
  • Preview Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act

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FAQ

An action required or permitted to be taken at a board meeting may be taken by written action signed, or consented to by authenticated electronic communication, by all of the directors.

An action required or permitted to be taken at a meeting of the shareholders may be taken without a meeting by written action signed, or consented to by authenticated electronic communication, by all of the shareholders entitled to vote on that action.

A shareholder, beneficial owner, or holder of a voting trust certificate who has gained access under this section to any corporate record including the share register may not use or furnish to another for use the corporate record or a portion of the contents for any purpose other than a proper purpose.

When written action is permitted to be taken by less than all directors, all directors shall be notified immediately of its text and effective date. Failure to provide the notice does not invalidate the written action.

(a) A shareholder shall not assert dissenters' rights as to less than all of the shares registered in the name of the shareholder, unless the shareholder dissents with respect to all the shares that are beneficially owned by another person but registered in the name of the shareholder and discloses the name and address ...

In discharging the duties of the position of director, a director may, in considering the best interests of the corporation, consider the interests of the corporation's employees, customers, suppliers, and creditors, the economy of the state and nation, community and societal considerations, and the long-term as well ...

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Idaho Sections 302A.471 and 302A.473 of Minnesota Business Corporation Act