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Minnesota Statutes

Minn. Stat. § 3.32 (2026)

[Repealed]

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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[Repealed, 1969 c 1130 s 4 subd 6]

Notes of Decisions
Cited in 1 case, 2003–2003 · leading case: Onvoy, Inc. v. SHAL, LLC., 669 N.W.2d 344 (Minn. 2003).
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Onvoy, Inc. v. SHAL, LLC., 669 N.W.2d 344 (Minn. 2003). · cites it 2× “Garon, Minnesota Practice, Corporation Law and Practice § 3.32 at 93 (1996). The defendant must show either (1) that the transaction was fair and reasonable to the corporation at the time it was approved; (2) that material facts about the contract and the directors' interest…”
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