Minnesota Statutes

Minn. Stat. § 302A.101 (2026)

Purposes

✓ current as of May 2026

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A corporation may be incorporated under this chapter for any business purpose or purposes, unless some other statute of this state requires incorporation for any of those purposes under a different law. Unless otherwise provided in its articles, a corporation has general business purposes.

Notes of Decisions

Cited in 2 cases, 1997–1998 · leading case: S. Minnesota Mun. Power Agency v. Boyne, 578 N.W.2d 362 (Minn. 1998).

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S. Minnesota Mun. Power Agency v. Boyne, 578 N.W.2d 362 (Minn. 1998). · cites it 4× “See Minn.Stat. § 302A.101 (1996). Rather, it can be formed only by the acts of other units of government cities which are authorized to join together to secure "an adequate, economical, and reliable supply of energy.”

State Ex Rel. Humphrey v. Delano Cmty. Dev. Corp., 571 N.W.2d 233 (Minn. 1997). · cites it 4× “In this case, however, DCDC's articles of incorporation clearly express a purpose to benefit the community of Delano in general, and not the shareholders specifically.”

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