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Section 338.01 — Employment Contracts; Findings.

338.01 EMPLOYMENT CONTRACTS; FINDINGS. The legislature finds that a basic tenet of contract law is mutually enforceable promises. The legislature further finds that contracts respecting employment are important and desirable. The legislature’s purpose in enacting sections 338.02 and 338.03 is to assist in ensuring that the mutual promises in employment contracts are honored and enforced. […]

Section 338.02 — New Employers; Contract Obligation.

338.02 NEW EMPLOYERS; CONTRACT OBLIGATION. Subdivision 1. Definition. As used in this section, “new employer” means any purchaser, assignee, or transferee of a business the employees of which are subject to a collective bargaining agreement, if the purchaser, assignee, or transferee conducts or will conduct substantially the same business operation, or offer the same service, […]