Minnesota Statutes

Minn. Stat. § 300.59 (2026)

[Repealed]

✓ current as of May 2026

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[Repealed, 2005 c 69 art 4 s 1]

Notes of Decisions

Cited in 14 cases, 1953–1995 · leading case: Mattson v. Underwriters at Lloyds of London, 414 N.W.2d 717 (Minn. 1987).

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Mattson v. Underwriters at Lloyds of London, 414 N.W.2d 717 (Minn. 1987). · cites it 12× “Relying on Minn.Stat. § 300.59 (1986), [3] Lloyds argued that because Car-Del could not itself sue after the 3-year winding-up period, neither could it assign what it could not sue.”

Mattson v. Underwriters at Lloyds of London, 385 N.W.2d 854 (Minn. Ct. App. 1986). · cites it 27× “The trial court granted Mattson's motion, holding that expiration of the winding up period under Minn. Stat. § 300.59 did not affect the assignment because it was an "asset omitted from the winding up," accordingly the claim was vested in the trustee for distribution under Minn.”

Onan Corp. v. Indus. Steel Corp., 770 F. Supp. 490 (D. Minnesota 1989). · cites it 10× “The corporate survival provision is set forth in Minn.Stat. § 300.59: [A] corporation whose existence terminates by limitation, forfeiture, or otherwise continues for three years after the termination date for the sole purpose of prosecuting and defending actions, closing its…”

Kopio's, Inc. v. Bridgeman Creameries, Inc., 79 N.W.2d 921 (Minn. 1956). · cites it 6× “10 Inasmuch as the certificate of dissolution herein was not filed until after the alleged service of process, the defendant corporation was in existence, at least for the purpose of being sued, at the time of the alleged service.”

Minnesota Mining & Mfg. Co., a Corp. of Delaware v. Eco Chem, Inc., a Corp. of Minnesota, George G. Rynne, an Individual, 757 F.2d 1256 (Fed. Cir. 1985). “We note, too, that ECI’s response to the interrogatory was incorrect as a matter of law. *1261 Even after it is completely forfeited, a Minnesota corporation remains in existence for three years "for the purpose of prosecuting and defending actions.”

Henderson v. Nw. Heating Engineers, Inc., 144 N.W.2d 46 (Minn. 1966). · cites it 4× “” We think it clear that since the corporate existence continues for the limited purposes specified in § 300.59 for 3 years after its “existence terminates,” and its existence terminates under § 301.”

Cooper v. Lakewood Eng'g & Mfg. Co., 874 F. Supp. 947 (D. Minnesota 1994). · cites it 2× “Minn. Stat. § 300.59 . After November 8, 1979 MMC was “dead and buried,” i.”

Mississippi Valley Dev. Corp. v. Colonial Enter., Inc., 217 N.W.2d 760 (Minn. 1974). · cites it 2× “2 Section 300.59 of the corporation statutes, providing in part that “every corporation whose existence terminates by limitation, forfeiture or otherwise shall continue *70 for three years thereafter for the purpose of prosecuting and defending actions,” has been said to apply…”

Bldg. Indus., Inc. v. Wright Prods., Inc., 62 N.W.2d 208 (Minn. 1953). · cites it 3× “” Defendant argues that, since the lease could not have been performed within the three years referred to in § 300.59, it was void ab initio. We have been referred to no authority supporting this proposition, and our independent research has revealed none.”

Oak Ridge Care Ctr., Inc. v. Minnesota Dep't of Human Servs., 452 N.W.2d 703 (Minn. Ct. App. 1990). · cites it 4× “Minn.Stat. § 300.59 (1982) provides that a corporation continues for three years after termination “for the purpose of prosecuting and defending actions, closing its affairs, disposing of its property, and dividing its capital, but for no other purpose.”

Bratnober v. Illinois Farm Supply Co., 169 F. Supp. 85 (D. Minnesota 1958). · cites it 6× “56, Minnesota Statutes Annotated, with the Secretary of State of Minnesota, after which plaintiffs contend Silo was wholly defunct for any purpose as provided by Section 300.59, Minnesota Statutes Annotated.”

Berkman v. Weckerling, 77 N.W.2d 291 (Minn. 1956). “1941, § 300.59, reads: “Every corporation whose existence terminates by limitation, forfeiture, or otherwise shall continue for three years thereafter for the purpose of prosecuting and defending actions, closing its *281 affairs, disposing of its property, and dividing its…”

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