2024 Minnesota Statutes

308C.235 EXISTENCE.

Subdivision 1.Commencement upon filing.

The existence of a cooperative shall commence when the articles are filed with the secretary of state.

Subd. 2.Duration.

A cooperative shall have a perpetual duration unless the cooperative provides for a limited period of duration in the articles.

History:

2024 c 96 art 1 s 16

NOTE: This chapter, as added by Laws 2024, chapter 96, article 1, sections 1 to 90, is effective August 1, 2025. Laws 2024, chapter 96, article 1, section 91.