The board shall not have less than five directors, except that a cooperative with 50 or fewer members may have three or more directors as prescribed in the articles or bylaws.
Minn. Stat. § 308B.405
NUMBER OF DIRECTORS.
Known as the Minnesota Cooperative Associations Act
The act spans §§ 308B.001 to 308B.975 (87 sections).
2003 c 105 art 1 s 23
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.