PURCHASE OF MEMBERSHIPS.

Minn. Stat. § 317A.413, under NONPROFIT CORPORATIONS.

Minn. Stat. § 317A.413

317A.413 PURCHASE OF MEMBERSHIPS. If authorized in its articles or bylaws, a corporation may buy the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions in the articles or bylaws. History: 1989 c 304 s 62