Minnesota Statutes 308B.575 – Vote of Ownership Interests Held by Cooperative
Current as of: 2023 | Check for updates
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A cooperative that holds ownership interests of another business entity may, by direction of the cooperative’s board, elect or appoint a person to represent the cooperative at a meeting of the business entity. The representative has authority to represent the cooperative and may cast the cooperative’s vote at the business entity’s meeting.
Terms Used In Minnesota Statutes 308B.575
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44