308A.155 CORPORATE EXISTENCE.
Subdivision 1.
Commencement of corporate existence. The corporate existence of a
cooperative begins when the articles are filed with the secretary of state.
Subd. 2.
Perpetual existence unless limited. Cooperatives have perpetual duration unless
the cooperative provides for a limited period of duration of corporate existence in the articles.
History: 1989 c 144 art 1 s 15; art 3 s 7