Section 47.13 Application of Business Corporation Act
47.13 APPLICATION OF BUSINESS CORPORATION ACT.
The provisions of chapter 302A, other than sections 302A.471, 302A.473, 302A.671, 302A.673, 302A.675, and 302A.701 to 302A.791, apply to corporations formed for any of the purposes specified in section 47.12, except:
(1) that section 302A.215, subdivisions 2 and 3, only apply if the corporation's certificate of incorporation provides cumulative voting; and
(2) to the extent those provisions are inconsistent with any of the provisions of this chapter and chapters 46 to 50.
History:
2005 c 69 art 1 s 2