Forming a Minnesota Business Corporation

A corporation is a separate legal entity that is owned by one or more shareholders. It is formed according to laws of the state in which it is organized.

Corporations are responsible for the debt and obligations of the business. In most cases, the shareholders are insulated form personal liability for claims against the corporation.

Here, we examine the process for incorporating and some of the most important post-incorporation issues that new corporations face.

View this chapter on Forming a Minnesota Business Corporation.