Topic: merger

• Merge, convert or dissolve a cooperative guides

  The statutory paths for merging with another entity, converting a chapter 308A cooperative to chapter 308B, and winding up and dissolving a 308B cooperative.

• § 308B.801 Merger And Consolidation statute

  How a 308B cooperative merges or consolidates with another cooperative, a Minnesota LLC or a foreign entity: written plan, notice to every member, member approval, articles of merger filed with the Secretary of State.

• § 308B.805 Merger Of Subsidiary statute

  A parent cooperative owning at least 90 percent of a subsidiary can merge it using a board resolution and articles of merger, without a member vote, except where the parent is not the survivor.

• § 308B.835 Abandonment statute

  Describes how a merger plan can be abandoned after member approval: by the same vote, by a vote on abandonment, by the plan's own terms, or by board resolution; articles of abandonment are filed if articles of merger were already filed.