Minn. Stat. § 317A.505
Current through Register Vol. 49, No. 8, August 19, 2024
A corporation may, without a vote of the directors, advance money to its directors, officers, employees, or agents to cover expenses that can reasonably be anticipated to be incurred by them in the performance of their duties and for which they would be entitled to reimbursement in the absence of an advance.
Minn. Stat. § 317A.505
1989 c 304 s 82