Minn. Stat. § 300.67

Current through 2023, c. 127
Section 300.67 - DECLARATION OF POLICIES

It is declared to be the public policy of the state of Minnesota that contributions made in accordance with the provisions of section 300.66 constitute a valid and proper use of corporate funds, and in the absence of an express provision in its charter to the contrary, the making of contributions or gifts by a corporation is within its powers and inures to the benefit of the corporation.

Minn. Stat. § 300.67

1949 c 156 s 2; 1984 c 628 art 5 s 1