Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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.
History: 1949 c 156 s 2; 1984 c 628 art 5 s 1
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.
History: 1949 c 156 s 2; 1984 c 628 art 5 s 1
Official Publication of the State of Minnesota
Revisor of Statutes