§ 308A.155 Corporate Existence
Statute text
Extracted from the Revisor of Statutes; first captured here October 15, 2026. Formatting and whitespace are normalized. Extraction can contain errors; the linked official text controls.
Subdivision 1. Commencement of corporate existence.
The corporate existence of a cooperative begins when the articles are filed with the secretary of state.
Subdivision 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