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308B.235 Existence.

Subdivision 1. Commencement upon filing. The existence of a cooperative shall commence when the articles are filed with the secretary of state.

Subd. 2. Duration. A cooperative shall have a perpetual duration unless the cooperative provides for a limited period of duration in the articles.

HIST: 2003 c 105 art 1 s 16

Official Publication of the State of Minnesota
Revisor of Statutes