Minn. Stat. § 317A.687

Current through 2023, c. 127

Section 317A.687 - ABANDONMENT

Subject to any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 317A.685, a converting corporation may amend the plan or abandon the conversion:

(1) as provided in the plan; or

(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.

Minn. Stat. § 317A.687

Added by 2017 Minn. Laws, ch. 17,s 14, eff. 8/1/2017.