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308B.575 Vote of ownership interests held by cooperative.

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.

HIST: 2003 c 105 art 1 s 53

Official Publication of the State of Minnesota
Revisor of Statutes