Minnesota Liability of Stockholders, Amendment 3 (1930)

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The Minnesota Liability of Stockholders Amendment, also known as Amendment 3, was on the November 4, 1930 ballot in Minnesota as a legislatively referred constitutional amendment, where it was approved. The measure authorized the legislature to limit the liability of stockholders in corporations.

Election results

Minnesota Amendment 3 (1930)
Result		Votes	Percentage
a Yes		486,818	78.25%
No		135,345	21.75%

Election results via: Minnesota Legislative Reference Library

Text of measure

The text of the measure can be read here.

Similar measures

• Minnesota Exempt Railroad Stock, Amendment 1 (1870) d
• Minnesota Single Liability for Corporations, Amendment 4 (1875) d
• Minnesota Single Liability for Corporations, Amendment 2 (1876) d
• Minnesota Liability of Stockholders, Amendment 3 (1926) d
• Minnesota Liability of Stockholders, Amendment 2 (1928) d
• Minnesota Limit Liability for State Banks, Amendment 4 (1954) a

See also

Suggest a link

• Minnesota 1930 ballot measures
• 1930 ballot measures
• List of Minnesota ballot measures
• History of direct democracy in Minnesota

External links

• Minnesota Legislative Reference Library
• 1929 Laws of Minnesota

Footnotes

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This historical ballot measure article requires that the text of the measure be added to the page.