Minn. Stat. § 308B.152

Current through Register Vol. 49, No. 8, August 19, 2024

Section 308B.152 - 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. § 308B.152

2008 c 203 s 8