Chapter 300 — Minnesota Business Filing Fraud Prevention Act

300.01 This section has been repealed and is no longer in effect. 300.02 This section has been repealed and is no longer in effect. 300.025 This section has been repealed and is no longer in effect. 300.026 This section was renumbered. See section 302A.92 for selection of corporate trustees or directors. 300.03 This section was renumbered. See section 301B.01 for public service corporation purposes. 300.04 This section was renumbered. See section 301B.02 for state and local control of public service corporations. 300.045 This section was renumbered. See section 301B.03 for easements over private property. 300.05 This section has been repealed and is no longer in effect. 300.06 This section has been repealed and is no longer in effect. 300.07 This section has been repealed and is no longer in effect. 300.08 This section has been repealed and is no longer in effect. 300.081 This section has been repealed and is no longer in effect. 300.082 This section has been repealed and is no longer in effect. 300.083 This section has been repealed and is no longer in effect. 300.09 This section has been repealed and is no longer in effect. 300.10 This section was renumbered. See section 301B.04 for public service corporation mortgages. 300.11 This section was renumbered. See section 301B.05 for legalization of public service corporation deeds of trust. 300.111 This section was renumbered. See section 336B.01 for public utility financing statement definitions. 300.112 This section was renumbered. See section 336B.02 for public utility financing statements. 300.113 This section was renumbered. See section 336B.03 for continued effectiveness of certain commercial laws. 300.114 This section was renumbered. See section 507.327 for filing public utility mortgages and deeds of trust. 300.115 This section was renumbered. See section 507.328 for filing pipeline company mortgages and deeds of trust. 300.12 This section has been repealed and is no longer in effect. 300.13 This section has been repealed and is no longer in effect. 300.131 This section has been repealed and is no longer in effect. 300.14 This section has been repealed and is no longer in effect. 300.15 Powers, Rights, Liabilities, and Duties of Consolidated Corporation When corporations merge, the new combined corporation gets all the rights, property, and debts of the original … 300.16 This section has been repealed and is no longer in effect. 300.17 This section has been repealed and is no longer in effect. 300.18 This section has been repealed and is no longer in effect. 300.19 This section has been repealed and is no longer in effect. 300.20 This section has been repealed and is no longer in effect. 300.21 This section has been repealed and is no longer in effect. 300.22 This section has been repealed and is no longer in effect. 300.23 This section has been repealed and is no longer in effect. 300.24 This section has been repealed and is no longer in effect. 300.25 This section has been repealed and is no longer in effect. 300.26 This section has been repealed and is no longer in effect. 300.27 This section has been repealed and is no longer in effect. 300.28 This section has been repealed and is no longer in effect. 300.29 This section has been repealed and is no longer in effect. 300.30 This section has been repealed and is no longer in effect. 300.31 This section has been repealed and is no longer in effect. 300.32 This section has been repealed and is no longer in effect. 300.323 This section was renumbered. See section 501.47 for the relevant trust law provisions. 300.33 This section has been repealed and is no longer in effect. 300.34 This section has been repealed and is no longer in effect. 300.35 This section has been repealed and is no longer in effect. 300.36 This section has been repealed and is no longer in effect. 300.37 This section has been repealed and is no longer in effect. 300.38 This section has been repealed and is no longer in effect. 300.39 This section has been repealed and is no longer in effect. 300.40 This section has been repealed and is no longer in effect. 300.41 This section has been repealed and is no longer in effect. 300.42 This section has been repealed and is no longer in effect. 300.43 This section has been repealed and is no longer in effect. 300.44 This section has been repealed and is no longer in effect. 300.45 This section has been repealed and is no longer in effect. 300.451 This section has been repealed and is no longer in effect. 300.46 This section has been repealed and is no longer in effect. 300.47 This section has been repealed and is no longer in effect. 300.48 This section has been repealed and is no longer in effect. 300.49 This section has been repealed and is no longer in effect. 300.50 This section has been repealed and is no longer in effect. 300.51 This section has been repealed and is no longer in effect. 300.52 This section has been repealed and is no longer in effect. 300.53 This section has been repealed and is no longer in effect. 300.54 This section has been repealed and is no longer in effect. 300.55 This section has been repealed and is no longer in effect. 300.56 This section was renumbered. See section 336.10-102 under the Uniform Commercial Code. 300.57 This section has been repealed and is no longer in effect. 300.58 This section has been repealed and is no longer in effect. 300.59 This section has been repealed and is no longer in effect. 300.60 This section has been repealed and is no longer in effect. 300.61 This section has been repealed and is no longer in effect. 300.62 This section has been repealed and is no longer in effect. 300.63 This section has been repealed and is no longer in effect. 300.64 Liability of Stockholders and Directors Stockholders and directors of corporations can be held personally liable in certain situations. 300.65 Mining Corporations; Meetings; Stock in Other Companies Permitted; Penalties Mining corporations may hold meetings outside Minnesota but must keep an in-state office for legal service. Fraudulent … 300.66 Contributions by Corporations Corporations may make charitable contributions within limits set by law. 300.67 Declaration of Policies Corporate charitable contributions are a valid use of company funds unless the charter says otherwise. 300.68 Validation of Prior Gifts Corporate gifts made before March 22, 1949 are validated as if made under current law. 300.70 Citation and Definitions Defines terms used in the wrongful filing sections and provides the short citation for sections 300.70 to 300.78. 300.71 Declaration of Wrongful Filing A person can file a declaration of wrongful filing with the Secretary of State to challenge a fraudulent business … 300.72 Notice The Secretary of State must notify both parties when a wrongful filing declaration is accepted. 300.73 Response The filer accused of wrongful filing must respond in writing within 21 days of receiving notice. 300.74 Procedure When No Response Received If the accused filer does not respond within the deadline, the filing is deemed fraudulent and a final order is issued. 300.75 Procedure When Response Received Sets the procedure for reviewing wrongful filing claims when the accused filer does respond. 300.76 Final Order The Secretary of State issues a final order declaring a filing fraudulent or dismissing the complaint. 300.77 Judicial Review Parties can appeal wrongful filing final orders to district court in the county where the business is registered. 300.78 Data Practices Data collected during wrongful filing proceedings is governed by the state data practices act. 300.79 Prohibition on Deceptive Business Mailings Prohibits sending deceptive mailings that look like official government business filings to mislead companies. 301B.01 Public Service Corporations; Purposes A corporation may be formed to build and run public services like railways, telegraph lines, dams, and water or power … 301B.02 State and Local Control; Eminent Domain The state may regulate public service corporations and set their service rates. These corporations can use eminent … 301B.03 Easements Over Private Property, Limitations Public service corporations must describe their easements specifically when acquiring land. Extra width needs landowner … 301B.04 Public Service Corporations; Mortgages and Deeds of Trust Public service corporations may mortgage their property and franchises to borrow money for construction. 301B.05 Execution of Mortgages and Deeds of Trust Legalized Validates past mortgages and deeds of trust by public service corporations, even if terms exceeded original limits. 302A.92 Selection of Trustees or Directors by a Corporation Created by Special Act Corporations created by special legislative acts may select trustees or directors as provided in those acts. 336B.01 Financing Statements of Public Utilities, Taconite and Semitaconite Companies; Definitions Defines terms for financing statements filed by public utilities, taconite, and semitaconite companies. 336B.02 Financing Statements of a Public Utility, Taconite Company, and Semitaconite Company Sets special filing rules for financing statements of public utilities and taconite companies. 336B.03 Continued Effectiveness of Certain Laws The UCC and other commercial laws still apply unless specifically overridden by sections 336B.01 to 336B.03. 501.47 This section has been repealed and is no longer in effect. 507.327 Mortgages, Deeds of Trust and Other Instruments of Public Utilities; Filing and Recording Public utility mortgages and deeds of trust must be filed and recorded with specific procedures. 507.328 Mortgages and Deeds of Trust of Pipeline Companies; Filing and Recording Pipeline company mortgages and deeds of trust have special filing and recording requirements.