Supreme Court of Minnesota May 22, 2003, CX-01-2207 (Janssen v. Best & Flanagan)

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United States · · · 22-05-2003

HANSON, Justice

(concurring in part, dissenting in part).

Although I concur with the decisions that boards of nonprofit corporations are protected by the business judgment rule, that nonprofit corporations may avail themselves of that rule by appointing a special litigation committee to decide whether the corporation should join a members’ derivative suit, and that Mur-nane may be viewed as a

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