Subdivision 1. General.
Except for this section, this chapter does not apply to foreign cooperatives.
Subd. 2. Sections applicable.
(a) Except as provided in paragraph (b), a foreign cooperative is subject to chapter 303. Unless it complies with chapter 303, a foreign cooperative may not transact business in this state.
(b) Sections 303.05 , 303.07 , and 303.115 do not apply to foreign cooperatives.