The claim of a creditor or claimant against a dissolving cooperative is barred if the claim has not been enforced by initiating legal, administrative, or arbitration proceedings concerning the claim within two years after the date the notice of intent to dissolve is filed with the secretary of state.
Minn. Stat. § 308C.915
STATUTE OF LIMITATIONS.
Known as the Minnesota Cooperative Housing Act
The act spans §§ 308–308 (90 sections).
2024 c 96 art 1 s 78
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.