New Laws that Took Effect August 1

The following is a list of select new laws passed during the 2025 legislative session, and one from 2024, that take effect August 1. Summaries of laws passed by the 2025 Legislature are available online from nonpartisan House Public Information Services at house.mn.gov/newlaws/search/2025.

Business and Commerce

‘Minnesota Partition Act’ will modernize

property partition, clarify eminent domain laws

The “Minnesota Partition Act” will clarify and reflect modern practices for how court actions involving two or more owners are decided. It will modernize Minnesota’s statute on property partition, clarify eminent domain laws, and update statute to reflect case law on partitions.

Minnesota Business Corporations Act

A new law updates the Minnesota Business Corporations Act regarding a corporation’s directors, owners, and officers. Requested by the Minnesota State Bar Association to ensure Minnesota remains aligned with other states on business law, the law provides model bylaws for a board of directors to manage the corporation during an emergency. A board of directors can also follow the procedures laid out in the model bylaws during an emergency in the absence of the board having bylaws.

Insurance boards can request financial info

from high net-worth policyholders

A new law will change Minnesota’s existing high net-worth exclusion law by allowing the Minnesota Insurance Guaranty Association to request financial information from an insured to prove net worth when a property and casualty insurance company becomes insolvent and is ordered by a court to be liquidated. Under the new law, the insured’s net worth will be assumed to be at least $25 million if they do not provide the requested financial information within 60 days of the association’s request...

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