Minnesota Statutes 302A.783 – Right to Sue or Defend After Dissolution
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After a corporation has been dissolved, any of its former officers, directors, or shareholders may assert or defend, in the name of the corporation, any claim by or against the corporation.
Terms Used In Minnesota Statutes 302A.783
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.