Upon complaint filed under the direction of the attorney general in any district court, such court may restrain by injunction any corporation from assuming or exercising any franchise, liberty, or privilege, or transacting any business not authorized by its act of incorporation; and may restrain any individuals from exercising any corporate rights, privileges, or franchises not granted them by law. Such injunction may be issued before answer upon satisfactory proof that the defendant has usurped, exercised, or claimed any franchise, privilege, liberty, or corporate right not granted to it.
(8010) RL s 3170
Structure Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 316 — Corporations; Actions Respecting
Section 316.01 — Mode Of Prosecution.
Section 316.02 — Mandatory And Restraining Orders.
Section 316.03 — Power Of Court Over Corporation Officers.
Section 316.04 — Appeal, Effect.
Section 316.05 — Sequestration; Receiver; Distribution.
Section 316.06 — Forfeiture Of Rights; Dissolution.
Section 316.07 — Dissolution On Petition Of Corporation.
Section 316.08 — Hearing; Notice.
Section 316.09 — Certified Copy Of Order Filed.
Section 316.10 — State Interested, Proceedings.
Section 316.11 — Receiver, Appointment, Duties.
Section 316.12 — Insolvent Banks And Insurance Companies.
Section 316.13 — Forfeiture Of Charter; Receiver; Suit By Creditor.
Section 316.14 — Unpaid Stock Subscription.
Section 316.15 — Order Limiting Time To Present Claims; Extension.
Section 316.16 — Notice Of Hearing.
Section 316.17 — Enforcement Of Stockholders' Liability; Hearing; Notice Of.
Section 316.18 — Hearing; Evidence; Order For Assessment.
Section 316.19 — Enforcement Of Stockholders' Liability; Hearing; Order.
Section 316.20 — Action For Assessments.
Section 316.21 — Additional Assessments, How Levied; Joinder Of Causes.
Section 316.22 — Proceedings On Failure Of Assignee Or Receiver To Prosecute.