Minnesota Statutes

Minn. Stat. § 302A.741 (2026)

Supervised Voluntary Dissolution

✓ current as of May 2026

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After the notice of intent to dissolve has been filed with the secretary of state and before a certificate of dissolution has been issued, the corporation or, for good cause shown, a shareholder or creditor may apply to a court within the county in which the registered office of the corporation is situated to have the dissolution conducted or continued under the supervision of the court as provided in sections 302A.751 to 302A.781.

Notes of Decisions

Cited in 2 cases, 1986–1994 · leading case: Lyman Lumber Co. v. Favorite Constr. Co., 524 N.W.2d 484 (Minn. Ct. App. 1994).

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Lyman Lumber Co. v. Favorite Constr. Co., 524 N.W.2d 484 (Minn. Ct. App. 1994). “7291; or (c) By order of a court pursuant to sections 302A.741 to 302A.765. Minn.Stat.”

Casey v. Bonded Collections of St. Cloud, Inc., 392 N.W.2d 650 (Minn. Ct. App. 1986). “§ 302A.741. In a supervised voluntary dissolution, “[t]he corporation and its shareholders have already decided to dissolve, and have merely requested the court to supervise the dissolution process so that it proceeds in an orderly manner.”

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