Board
The board means the cooperative's board of directors, which under chapter 308B governs the cooperative.
The board is the board of directors of a cooperative.
Statutory definition#
This is a term defined by statute. Section 308B.005, subdivision 6, defines it for purposes of chapter 308B P1, subd. 6. Our paraphrase is above; the statute's own words control and are in § 308B.005.
§ 308B.401 provides that the board governs the cooperative and takes all action except actions reserved or granted to members. See Director and officer rules in Chapter 308B.
Statute sections referenced
- § 308B.005 DEFINITIONS.
- § 308B.401 BOARD GOVERNS COOPERATIVE.
Related
Sources
- P1 Minnesota Statutes, Chapter 308B (Cooperative Associations), Office of the Revisor of Statutes, State of Minnesota. revisor.mn.gov (primary; accessed October 15, 2026)