State Codes and Statutes
Statutes > Minnesota > 300-319B > 308A > 308A_155308A.155 CORPORATE EXISTENCE.
Subdivision 1.Commencement of corporate existence.
The corporate existence of a cooperative begins when the articles are filed with the secretary of state.
Subd. 2.Perpetual existence unless limited.
Cooperatives have perpetual duration unless the cooperative provides for a limited period of duration of corporate existence in the articles.
History:
1989 c 144 art 1 s 15; art 3 s 7
