Minnesota HF3246 mandates a 45-day payment term for corporations with federal covered security stock.

Minnesota HF3246 establishes a 45-day payment term for corporations whose stock is classified as a federal covered security. This applies to both the parent corporation and any wholly-owned subsidiaries. The bill proposes to incorporate this requirement into Minnesota Statutes, chapter 325E.

Minnesota HF3246 mandates a 45-day payment term for corporations with federal covered security stock.

Minnesota HF3246 establishes a 45-day payment term for corporations whose stock is classified as a federal covered security. This applies to both the parent corporation and any wholly-owned subsidiaries. The bill proposes to incorporate this requirement into Minnesota Statutes, chapter 325E.