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Chapter 308B
Section 308B.941
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308B.941 RECEIVER QUALIFICATIONS AND POWERS.
Subdivision 1. Qualifications. A receiver shall be a natural person or a domestic business
entity or a foreign business entity authorized to transact business in this state. A receiver shall
give a bond as directed by the court with the sureties required by the court.
Subd. 2. Powers. A receiver may sue and defend in all courts as receiver of the cooperative.
The court appointing the receiver has exclusive jurisdiction of the cooperative and its property.
History: 2003 c 105 art 1 s 79
Subdivision 1. Qualifications. A receiver shall be a natural person or a domestic business
entity or a foreign business entity authorized to transact business in this state. A receiver shall
give a bond as directed by the court with the sureties required by the court.
Subd. 2. Powers. A receiver may sue and defend in all courts as receiver of the cooperative.
The court appointing the receiver has exclusive jurisdiction of the cooperative and its property.
History: 2003 c 105 art 1 s 79
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Revisor of Statutes