Section 315.44 Ymca, YWCA; Formation, Certificate - Minnesota Statutes

315.44 YMCA, YWCA; FORMATION, CERTIFICATE.

Three or more persons may form a corporation known as a Young Men's Christian Association or a Young Women's Christian Association by adopting, signing, and acknowledging a certificate of incorporation containing:

(1) the names and places of residence of the incorporators;

(2) the name of the corporation, the location of its principal place of business, and the period of its duration;

(3) the objects of its organization expressly stated;

(4) the number of its directors, not less than five, who shall manage its affairs, how and when elected, and the time and place of annual meetings; and

(5) the terms of admission to active membership.

The certificate must be recorded with the county recorder of the county of its principal place of business.

History:

(8003) RL s 3164; 1963 c 635 s 1; 1976 c 181 s 2; 1985 c 265 art 5 s 1; 1987 c 49 s 7; 1994 c 438 s 9; 2005 c 4 s 53