FOREIGN COOPERATIVES; SECTIONS APPLICABLE.

308B.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