Minn. Stat. § 308A.032

Current through 2024, c. 127

Section 308A.032 - FOREIGN COOPERATIVES; SECTIONS APPLICABLE

Subdivision 1.General.

Except for this section, this chapter does not apply to foreign cooperatives.

Subd. 2.Sections applicable.

(a) Except as provided in paragraph (b), a foreign cooperative is subject to chapter 303. Unless it complies with chapter 303, a foreign cooperative may not transact business in this state.

(b) Sections 303.05, 303.07, and 303.115 do not apply to foreign cooperatives.

Minn. Stat. § 308A.032

2008 c 203 s 7