The Minnesota legislature is considering proposed changes to the Minnesota Business Corporation Act. Among other things, the changes would:
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Provide for pre-clearance of documents to be filed with the Minnesota Secretary of State.
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Provide for dissenters’ rights in certain transactions where shareholders are eliminated in fractional share transactions.
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Clarify the manner in which interest in dissenters’ rights actions is calculated.
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Provide for cross-entity conversions with foreign entities.
You can find more information here.