302A.457 SHAREHOLDER CONTROL AGREEMENTS.Shareholder Control Agreement • October 24th, 2008
Contract Type FiledOctober 24th, 2008Subdivision 1. Authorized. A written agreement among the shareholders of a corporation and the subscribers for shares to be issued, relating to the control of any phase of the business and affairs of the corporation, its liquidation and dissolution, or the relations among shareholders of or subscribers to shares of the corporation is valid and specifically enforceable as provided in subdivision 2. The agreement may also include as parties persons who are neither shareholders nor subscribers.