2025 Session
Last amended: 1989 session
§ 317A.643 — Continuance of Corporate Authority
Plain-Language Summary
Preserves a dissolved or merged nonprofit's ability to enforce or defend legal claims.
317A.643 CONTINUANCE OF CORPORATE AUTHORITY.
When an act or instrument is considered necessary or appropriate to evidence the vesting of property or other rights in the single corporation, the persons with authority to do so under the articles or bylaws of each constituent corporation shall do the act or execute and deliver the instrument and for this purpose, the existence of the constituent corporations and the authority of those persons is continued.
History:
History: History:
1989 c 304 s 90
Practical Notes
A merged or dissolved nonprofit can still sue and be sued for matters from before the merger.