2026 Minnesota Statutes

308C.941 RECEIVER QUALIFICATIONS AND POWERS.

Subdivision 1.Qualifications.

Any person qualified under section 576.26 may be appointed as a receiver. A receiver must give a bond as required by section 576.27.

Subd. 2.Powers.

A receiver may sue and defend all actions as receiver of the cooperative.

History:

2024 c 96 art 1 s 83

NOTE: This chapter, as added by Laws 2024, chapter 96, article 1, sections 1 to 90, is effective August 1, 2027. Laws 2024, chapter 96, article 1, section 91, as amended by Laws 2025, chapter 32, article 4, section 12, and Laws 2026, chapter 61, section 40.