Minnesota Statutes 308A.155 – Corporate Existence
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Subdivision 1.Commencement of corporate existence.
The corporate existence of a cooperative begins when the articles are filed with the secretary of state.
Subd. 2.Perpetual existence unless limited.
Terms Used In Minnesota Statutes 308A.155
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 308A.155
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Cooperatives have perpetual duration unless the cooperative provides for a limited period of duration of corporate existence in the articles.