Section 308B.575 — Vote Of Ownership Interests Held By Cooperative.

MN Stat § 308B.575 (2019) (N/A)
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A cooperative that holds ownership interests of another business entity may, by direction of the cooperative's board, elect or appoint a person to represent the cooperative at a meeting of the business entity. The representative has authority to represent the cooperative and may cast the cooperative's vote at the business entity's meeting.

History: 2003 c 105 art 1 s 53