2025 Session
Last amended: 1989 session
§ 317A.155 — Presumption; Certificate of Incorporation
Plain-Language Summary
Creates a legal presumption that a filed certificate of incorporation is valid.
317A.155 PRESUMPTION; CERTIFICATE OF INCORPORATION.
When the articles of incorporation have been filed with the secretary of state and the required fee has been paid to the secretary of state, it is presumed that conditions precedent required to be performed by the incorporators have been complied with and that the corporation has been incorporated, and the secretary of state shall issue a certificate of incorporation to the corporation. This presumption does not apply against this state in a proceeding to cancel or revoke the certificate of incorporation or to compel the involuntary dissolution of the corporation.
History:
History: History:
1989 c 304 s 21
Practical Notes
A filed certificate is proof that the nonprofit was properly formed.