Minnesota Statutes 308B.152 – Foreign Cooperatives; Sections Applicable
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Subdivision 1.General.
Except for this section, this chapter does not apply to foreign cooperatives.
Subd. 2.Sections applicable.
Terms Used In Minnesota Statutes 308B.152
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 308B.152
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
(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.