Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

The Minnesota Business Corporation Act was recently revised and the amendments have been signed into law.  Among other things, the changes:

  • 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.

You can find more information here.


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