Section 315.21 Incorporation
315.21 INCORPORATION.
Subdivision 1.Method.
If a church or religious society does not wish to form a corporation under sections 315.01 to 315.20, at least three members may become a corporation by adopting and signing a certificate containing:
(1) its name, general purpose and plan of operation, and its location; and
(2) the terms of admission, qualification for membership, selection of officers, filling vacancies, and way it is to be managed.
Subd. 2.Certificate recorded.
The certificate must be recorded with the county recorder of the county of its location.
Subd. 3.Existing corporations.
An existing corporation created by special law, which does not desire to incorporate under sections 315.01 to 315.20, may reincorporate under this section, when authorized by a three-fourths vote of its members present and voting at a stated meeting called to consider reincorporation.
History:
(7985) RL s 3150; 1976 c 181 s 2; 1985 c 265 art 5 s 1