Minn. Stat. § 308C.955

Current through Register Vol. 49, No. 8, August 19, 2024
Section 308C.955 - [Effective 8/1/2025] DISCONTINUANCE OF COURT-SUPERVISED DISSOLUTION PROCEEDINGS

The involuntary or supervised voluntary dissolution of a cooperative may be discontinued at any time during the dissolution proceedings if it is established that cause for dissolution does not exist. The court shall dismiss the proceedings and direct the receiver, if any, to redeliver to the cooperative its remaining property and assets and to file a final report under section 576.38, subdivision 3.

Minn. Stat. § 308C.955

Added by 2024 Minn. Laws, ch. 96,s 1-86, eff. 8/1/2025.