Chapter 303 — Minnesota Foreign Corporation Act

Minnesota Statutes Chapter 303 — Minnesota Foreign Corporation Act

303.01 Citation This section provides the official name of the law: the Minnesota Foreign Corporation Act, which governs corporations … 303.02 Definitions This section defines key terms used in the Foreign Corporation Act, including 'corporation,' 'foreign corporation,' and … 303.03 Foreign Corporations Must Have Certificate of Authority This section requires foreign corporations to obtain a certificate of authority before doing business in Minnesota, and … 303.04 Engaging in Banking; Limitation This section prohibits foreign corporations from conducting banking or trust company business in Minnesota, except as … 303.05 Names of Corporations This section requires a foreign corporation to use a name that is distinguishable from other corporations already … 303.06 Application for Certificate of Authority This section describes what documents a foreign corporation must file with the Secretary of State to apply for a … 303.07 License Fees This section describes the Secretary of State's duties when processing a foreign corporation's application, including … 303.08 Issuance of Certificate of Authority This section specifies the powers and limitations of a foreign corporation that has been granted a certificate of … 303.09 Powers Same as Domestic Corporation This section requires foreign corporations authorized to do business in Minnesota to file amendments to their articles … 303.10 Office and Agent This section requires foreign corporations authorized to do business in Minnesota to maintain a registered office and … 303.11 Notice of Name Changes, Where Filed This section allows a foreign corporation to change its registered office or registered agent in Minnesota by filing the … 303.115 Foreign Professional Firm Filings This section addresses service of process on the Secretary of State as agent for a foreign corporation that has failed … 303.12 This section provides that a foreign corporation's failure to maintain a registered agent does not affect the validity … 303.13 Service of Process This section describes the procedure for a foreign corporation to voluntarily surrender its certificate of authority and … 303.14 Annual Renewal This section requires foreign corporations to file annual reports with the Secretary of State, including updated … 303.15 This section establishes penalties and consequences for foreign corporations that transact business in Minnesota without … 303.16 Withdrawal From State This section provides for the revocation or cancellation of a foreign corporation's certificate of authority if it fails … 303.17 License Revocation This section allows a foreign corporation whose certificate of authority has been revoked to apply for reinstatement by … 303.18 Cancellation of Certificate of Authority This section specifies how legal process (lawsuits and summons) may be served on a foreign corporation in Minnesota. 303.19 Reinstatement This section establishes the procedure for a foreign corporation to re-qualify for a certificate of authority after one … 303.20 Foreign Corporation May Not Maintain Action Unless Licensed This section addresses the effect of mergers involving foreign corporations that are authorized to do business in … 303.21 Fees This section establishes the fees that foreign corporations must pay to the Secretary of State for filing various … 303.22 Applicable to Present Corporations This section provides that the Foreign Corporation Act applies to all foreign corporations doing business in Minnesota, … 303.23 Certificate Issued by Secretary of State This section provides that certificates issued by the Secretary of State regarding foreign corporations are prima facie … 303.24 Rights Subject to Amendment This section reserves the state's right to amend or repeal the Foreign Corporation Act at any time. 303.25 Foreign Trust Associations, Powers This section allows out-of-state banking and trust associations to serve as executors, trustees, guardians, and …