Domestic cooperative

A domestic cooperative is a cooperative organized under chapter 308B or under chapter 308A.

Statutory definition#

This is a term defined by statute. Section 308B.005, subdivision 11, defines it for purposes of chapter 308B ^{P1, subd. 11}. Our paraphrase is above; the statute's own words control and are in § 308B.005.

This is chapter 308B's defined scope, not a list of every Minnesota cooperative form. Foreign cooperatives, by contrast, are organized elsewhere and are subject to chapter 303 with the exceptions stated in § 308B.152. See Comparing cooperative and other Minnesota entity types.