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Records officer

The records officer is an officer the board of a 308B cooperative must elect or appoint, whose office may be combined with the financial officer's.

Verified against sources: October 15, 2026Last edited: October 15, 2026

The board must elect or appoint a records officer and a financial officer, and the two offices may be combined § 308B.475, subds. 1 and 3 P1. The records officer, like other officers except the chief executive officer, does not have authority to bind the cooperative except as the board authorizes § 308B.475, subd. 1 P1. The records officer also receives notice of a member's intent to demand fair value of a nonpatron membership interest § 308B.601, subd. 7 P1.

See Director and officer rules in Chapter 308B.

Statute sections referenced

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)

glossary

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