VOTE OF CORPORATE STOCK HELD BY COOPERATIVE.

308A.645 VOTE OF CORPORATE STOCK HELD BY COOPERATIVE. A cooperative that holds stock of another corporation may by direction of the cooperative's board or members elect or appoint a person to represent the cooperative at a meeting of the corporation. The representative has authority to represent the cooperative and may cast the cooperative's vote at the corporation's meeting. History: 1989 c 144 art 1 s 36