Minn. Stat. § 308B.901: Methods Of Dissolution

§ 308B.901 Methods Of Dissolution

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.

A cooperative may be dissolved by the members or by order of the court.

History: 2003 c 105 art 1 s 71

Notes & interpretation Not part of the law

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

In plain language#

A cooperative can be dissolved in two ways: by its members (voluntary dissolution, which proceeds under § 308B.903, § 308B.905 and § 308B.921) or by order of the court (see § 308B.925, § 308B.931 and § 308B.945).

How it works in practice#

This section does not say how many members must vote for voluntary dissolution; see the practice note under § 308B.903.
The Secretary of State can also dissolve a cooperative that fails to file its annual renewal; that route is in § 308B.121 subd. 4, not in this part of the chapter.

Notice of intent to dissolve: § 308B.903
Winding up: § 308B.905
Articles of dissolution: § 308B.921
Court-ordered dissolution: § 308B.931, § 308B.945

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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