State Codes and Statutes
Statutes > Minnesota > 300-319B > 308B > 308B_152308B.152 FOREIGN COOPERATIVES; SECTIONS APPLICABLE.
Subdivision 1.General.
Except for this section, this chapter does not apply to foreign cooperatives.
Subd. 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 8
