Notice of intent to dissolve
A notice of intent to dissolve is the document a 308B cooperative files with the Secretary of State before beginning voluntary dissolution, stating the name, the members' meeting and that the requisite vote approved dissolution.
For the member-approved dissolution process, the cooperative files a notice of intent to dissolve with the secretary of state before beginning dissolution. It states the cooperative's name, the date and place of the members' meeting at which the resolution was approved, and that the requisite member vote approved the proposed dissolution § 308B.903 P1. After filing, the board or officers under its direction wind up the affairs § 308B.905 P1. Court-ordered and administrative dissolution are separate routes; see Involuntary dissolution.
Statute sections referenced
- § 308B.901 METHODS OF DISSOLUTION.
- § 308B.903 NOTICE OF INTENT TO DISSOLVE.
- § 308B.905 WINDING UP.
Related
Sources
- P1 Minnesota Statutes, Chapter 308B (Cooperative Associations), Office of the Revisor of Statutes, State of Minnesota. revisor.mn.gov (primary; accessed October 15, 2026)