§ 308A.032 Foreign Cooperatives; Sections Applicable
Statute text
Extracted from the Revisor of Statutes; first captured here October 15, 2026. Formatting and whitespace are normalized. Extraction can contain errors; the linked official text controls.
Subdivision 1. General.
Except for this section, this chapter does not apply to foreign cooperatives.
Subdivision 2. Sections applicable.
(a) Except as provided in paragraph (b), a foreign cooperative is subject to chapter 303. Unless it complies with chapter 303, a foreign cooperative may not transact business in this state.
(b) Sections 303.05, 303.07, and 303.115 do not apply to foreign cooperatives.
History: 2008 c 203 s 7