Minnesota Statutes 308B.955 – Discontinuance of Court-Supervised Dissolution Proceedings
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The involuntary or supervised voluntary dissolution of a cooperative may be discontinued at any time during the dissolution proceedings if it is established that cause for dissolution does not exist. The court shall dismiss the proceedings and direct the receiver, if any, to redeliver to the cooperative its remaining property and assets and to file a final report pursuant to section 576.38, subdivision 3.
Terms Used In Minnesota Statutes 308B.955
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.