Minnesota Legislature
Office of the Revisor of Statutes
2008 Minnesota Statutes
- Search Minnesota Statutes
- About Minnesota Statutes
- 2008 Statutes New, Amended or Repealed
- 2008 Table of Chapters
- 2008 Statutes Topics (Index)
Chapter 308B
Section 308B.941
Topics
Recent History
This is an historical version of this statute chapter. Also view the most recent published version.
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:
Official Publication of the State of Minnesota
Revisor of Statutes