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Member

A member is a person or entity shown on the cooperative's books as owner of the governance rights of a membership interest, and includes both patron and nonpatron members.

Verified against sources: October 15, 2026Last edited: October 15, 2026

A member is a person or entity reflected on the cooperative's books as the owner of governance rights of a membership interest; the term includes patron and nonpatron members.

Statutory definition#

This is a term defined by statute. Section 308B.005, subdivision 15, defines it for purposes of chapter 308B P1, subd. 15. Our paraphrase is above; the statute's own words control and are in § 308B.005.

How members are admitted is set by the bylaws; see Define members and membership classes. A member is not liable for the cooperative's debts merely because of membership § 308B.505.

Statute sections referenced

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)

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