1,133 chapters · 28,363 sections in this title.
Minn. Stat. § 308C.627 OPERATING AGREEMENT.
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308C.627 OPERATING AGREEMENT.§Subdivision 1.Authorization.A written agreement among persons who are then members, including a sole member, or who have signed subscription or contribution agreements, relating to the control of any phase of the business and affairs of the cooperati…
Minn. Stat. § 308C.701 AUTHORIZATION, FORM, AND ACCEPTANCE OF CONTRIBUTIONS.
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308C.701 AUTHORIZATION, FORM, AND ACCEPTANCE OF CONTRIBUTIONS.§Subdivision 1.Board of directors may authorize.Subject to any restrictions in this chapter regarding occupant and nonoccupant membership interests or in the articles or bylaws, and only when authorized by the board, a…
Minn. Stat. § 308C.705 RESTATEMENT OF VALUE OF PREVIOUS CONTRIBUTIONS.
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308C.705 RESTATEMENT OF VALUE OF PREVIOUS CONTRIBUTIONS.§Subdivision 1.Definition.As used in this section, an "old contribution" is a contribution reflected in the required records of a cooperative for a nonoccupant membership interest before the time the cooperative accepts a ne…
Minn. Stat. § 308C.711 CONTRIBUTION AGREEMENTS.
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308C.711 CONTRIBUTION AGREEMENTS.§Subdivision 1.Signed writing.A contribution agreement, whether made before or after the formation of the cooperative, is not enforceable against the would-be contributor unless it is in writing and signed by the would-be contributor.§Subd. 2.Irre…