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Section 308B.001 — Citation. - This chapter may be cited as the "Minnesota Cooperative Associations...
Section 308B.005 — Definitions. - Subdivision 1. Scope. The definitions in this section apply to...
Section 308B.007 — Legal Recognition Of Electronic Records And Signatures. - Subdivision 1. Definitions. (a) The definitions in this subdivision apply...
Section 308B.101 — Reservation Of Right. - The state reserves the right to amend or repeal the...
Section 308B.111 — Filing Fees. - Unless otherwise provided, the filing fee for documents filed under...
Section 308B.115 — Registered Office And Agent. - 308B.115 MS 2008 [Subds 1 to 5 repealed by amendment,...
Section 308B.121 — Annual Renewal. - Subdivision 1. Annual renewal. Each cooperative governed by this chapter...
Section 308B.152 — Foreign Cooperatives; Sections Applicable. - Subdivision 1. General. Except for this section, this chapter does...
Section 308B.201 — Organizational Purpose. - A cooperative may be formed and organized on a cooperative...
Section 308B.205 — Organizers. - Subdivision 1. Qualification. A cooperative may be organized by one...
Section 308B.211 — Cooperative Name. - Subdivision 1. Distinguished name. The name of a cooperative shall...
Section 308B.215 — Articles Of Organization. - Subdivision 1. Requirements. (a) The articles of the cooperative shall...
Section 308B.221 — Amendment Of Articles. - Subdivision 1. Procedure. (a) The articles of a cooperative shall...
Section 308B.225 — Amendment Of Organizational Documents To Be Governed By This Chapter. - Subdivision 1. Authority. (a) A cooperative organized under chapter 308A...
Section 308B.231 — Curative Filing. - If the secretary of state determines that a filing has...
Section 308B.235 — Existence. - Subdivision 1. Commencement upon filing. The existence of a cooperative...
Section 308B.241 — Bylaws. - Subdivision 1. Required. A cooperative shall have bylaws governing the...
Section 308B.245 — Cooperative Records. - (a) A cooperative shall keep as permanent records minutes of...
Section 308B.301 — Powers. - Subdivision 1. Generally. (a) In addition to other powers, a...
Section 308B.305 — Emergency Powers. - (a) In anticipation of or during an emergency defined in...
Section 308B.311 — Agricultural Product Marketing Contracts. - Subdivision 1. Authority. A cooperative and its patron member or...
Section 308B.401 — Board Governs Cooperative. - A cooperative shall be governed by its board, which shall...
Section 308B.405 — Number Of Directors. - The board shall not have less than five directors, except...
Section 308B.411 — Election Of Directors. - Subdivision 1. First board. The organizers shall elect and obtain...
Section 308B.415 — Filling Vacancies. - Subdivision 1. Patron directors. If a patron member director's position...
Section 308B.421 — Removal Of Directors. - Subdivision 1. Modification. The provisions of this section apply unless...
Section 308B.425 — Board Of Directors' Meetings. - Subdivision 1. Time and place. Meetings of the board may...
Section 308B.431 — Quorum. - A majority, or a larger or smaller portion or number...
Section 308B.435 — Act Of Board Of Directors. - The board shall take action by the affirmative vote of...
Section 308B.441 — Action Without A Meeting. - Subdivision 1. Method. An action required or permitted to be...
Section 308B.445 — Audit Committee. - The board shall establish an audit committee to review the...
Section 308B.451 — Committees. - Subdivision 1. Generally. A resolution approved by the affirmative vote...
Section 308B.455 — Standard Of Conduct. - Subdivision 1. Standard and liability. A director shall discharge the...
Section 308B.461 — Director Conflicts Of Interest. - Subdivision 1. Conflict and procedure when conflict arises. (a) A...
Section 308B.465 — Limitation Of Director's Liability. - Subdivision 1. Articles may limit liability. A director's personal liability...
Section 308B.471 — Indemnification. - Subdivision 1. Definitions. (a) The definitions in this subdivision apply...
Section 308B.475 — Officers. - Subdivision 1. Required officers. (a) The board shall elect: (1)...
Section 308B.501 — Members. - Subdivision 1. Requirement. A cooperative shall have one or more...
Section 308B.505 — Member Not Liable For Cooperative Debts. - A member is not, merely on the account of that...
Section 308B.511 — Regular Members' Meetings. - Subdivision 1. Annual meeting. Regular members' meetings shall be held...
Section 308B.515 — Special Members' Meetings. - Subdivision 1. Calling meeting. Special members' meetings of the members...
Section 308B.521 — Certification Of Meeting Notice. - Subdivision 1. Certificate of mailing. After mailing special or regular...
Section 308B.525 — Quorum. - Subdivision 1. Quorum. The quorum for a members' meeting to...
Section 308B.531 — Remote Communications For Member Meetings. - Subdivision 1. Construction and application. This section shall be construed...
Section 308B.535 — Act Of Members. - Subdivision 1. Action by affirmative vote of members. (a) The...
Section 308B.541 — Action Without A Meeting. - Subdivision 1. Method. An action required or permitted to be...
Section 308B.545 — Member Voting Rights. - Subdivision 1. Member has one vote; or patronage voting. A...
Section 308B.551 — Patron Member Voting Based On Patronage. - Subdivision 1. Patron members may have additional vote. A cooperative...
Section 308B.555 — Voting Rights. - Subdivision 1. Determination. The board may fix a date not...
Section 308B.561 — Voting By Organizations And Legal Representatives. - Subdivision 1. Membership interests held by another organization. Membership interests...
Section 308B.565 — Proxies. - Subdivision 1. Authorization. (a) A patron member may only grant...
Section 308B.571 — Sale Of Property And Assets. - Subdivision 1. Member approval not required. A cooperative may, by...
Section 308B.575 — Vote Of Ownership Interests Held By Cooperative. - A cooperative that holds ownership interests of another business entity...
Section 308B.601 — Membership Interests. - Subdivision 1. Amounts and divisions of membership interests. The authorized...
Section 308B.605 — Assignment Of Financial Rights. - Subdivision 1. Assignment of financial rights permitted. Except as provided...
Section 308B.611 — Nature Of A Membership Interest And Statement Of Interest Owned. - Subdivision 1. Generally. A membership interest is personal property. A...
Section 308B.615 — Certificated Membership Interests. - Subdivision 1. Certificated; uncertificated. The membership interests of a cooperative...
Section 308B.621 — Lost Certificates; Replacement. - Subdivision 1. Issuance. A new membership interest certificate may be...
Section 308B.625 — Restriction On Transfer Or Registration Of Membership Interests. - Subdivision 1. How imposed. A restriction on the transfer or...
Section 308B.627 — Member Control Agreements. - Subdivision 1. Authorization. A written agreement among persons who are...
Section 308B.701 — Authorization, Form, And Acceptance Of Contributions. - Subdivision 1. Board of directors may authorize. Subject to any...
Section 308B.705 — Restatement Of Value Of Previous Contributions. - Subdivision 1. Definition. As used in this section, an "old...
Section 308B.711 — Contribution Agreements. - Subdivision 1. Signed writing. A contribution agreement, whether made before...
Section 308B.715 — Contribution Rights Agreements. - Subdivision 1. Agreements permitted. Subject to any restrictions in the...
Section 308B.721 — Allocations And Distributions To Members. - Subdivision 1. Allocation of profits and losses. The bylaws shall...
Section 308B.725 — Allocations And Distributions To Patron Members. - Subdivision 1. Distribution of net income. A cooperative may set...
Section 308B.735 — Distribution Of Unclaimed Property. - Subdivision 1. Alternate procedure to disburse property. A cooperative may,...
Section 308B.801 — Merger And Consolidation. - Subdivision 1. Authorization. Unless otherwise prohibited, cooperatives organized under the...
Section 308B.805 — Merger Of Subsidiary. - Subdivision 1. When authorized; contents of plan. (a) For purposes...
Section 308B.835 — Abandonment. - Subdivision 1. Abandonment by members before plan effective date. After...
Section 308B.901 — Methods Of Dissolution. - A cooperative may be dissolved by the members or by...
Section 308B.903 — Notice Of Intent To Dissolve. - Before a cooperative begins dissolution, a notice of intent to...
Section 308B.905 — Winding Up. - Subdivision 1. Collection and payment of debts. After the notice...
Section 308B.911 — Revocation Of Dissolution Proceedings. - Subdivision 1. Authority to revoke. Dissolution proceedings may be revoked...
Section 308B.915 — Statute Of Limitations. - The claim of a creditor or claimant against a dissolving...
Section 308B.921 — Articles Of Dissolution. - Subdivision 1. Conditions to file. Articles of dissolution of a...
Section 308B.925 — Application For Court-supervised Voluntary Dissolution. - After a notice of intent to dissolve has been filed...
Section 308B.931 — Court-ordered Remedies Or Dissolution. - Subdivision 1. Conditions for relief. A court may grant equitable...
Section 308B.935 — Procedure In Involuntary Or Court-supervised Voluntary Dissolution. - Subdivision 1. Action before hearing. In dissolution proceedings before a...
Section 308B.941 — Receiver Qualifications And Powers. - Subdivision 1. Qualifications. Any person qualified under section 576.26 may...
Section 308B.945 — Dissolution Action By Attorney General; Administrative Dissolution. - Subdivision 1. Conditions to begin action. A cooperative may be...
Section 308B.951 — Filing Claims In Court-supervised Dissolution Proceedings. - Subdivision 1. Filing under oath. In proceedings to dissolve a...
Section 308B.955 — Discontinuance Of Court-supervised Dissolution Proceedings. - The involuntary or supervised voluntary dissolution of a cooperative may...
Section 308B.961 — Court-supervised Dissolution Order. - Subdivision 1. Conditions for dissolution order. In an involuntary or...
Section 308B.965 — Filing Court's Dissolution Order. - After the court enters an order dissolving a cooperative, the...
Section 308B.971 — Barring Of Claims. - Subdivision 1. Claims barred. A person who is or becomes...
Section 308B.975 — Right To Sue Or Defend After Dissolution. - After a cooperative has been dissolved, any of its former...