The board must have at least five directors, except a cooperative housing corporation as defined in United States Code, title 26, section 216, subsection (b)(1), must have at least three directors who are members of the association.
Minn. Stat. § 308A.305
NUMBER OF DIRECTORS.
Known as the Minnesota Cooperative Law
The act spans §§ 308A.001 to 308A.985 (66 sections).
1989 c 144 art 1 s 20
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.