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Minn. Stat. § 308B.201

ORGANIZATIONAL PURPOSE.

Known as the Minnesota Cooperative Associations Act

The act spans §§ 308–308 (87 sections).

2003 c 105 art 1 s 9; 2004 c 228 art 1 s 51

A cooperative may be formed and organized on a cooperative plan for any lawful purpose, including:

(1) to market, process, or otherwise change the form or marketability of products, including crops, livestock, and other agricultural products, the manufacturing and further processing of those products, other purposes that are necessary or convenient to facilitate the production or marketing of products by patron members and others, and other purposes that are related to the business of the cooperative;

(2) to provide products, supplies, and services to its members; and

(3) for any other purposes that cooperatives are authorized to perform by law.

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.