Minnesota § 308C.405 NUMBER OF DIRECTORS

Minnesota Statutes

§ 308C.405 — NUMBER OF DIRECTORS

Minnesota § 308C.405

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 308CCOOPERATIVE HOUSING ACT

This text of Minnesota § 308C.405 (NUMBER OF DIRECTORS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 308C.405 (2026).

Text

A board of directors must consist of three or more individuals, with the number specified in or fixed in accordance with the articles or bylaws. The power to elect or appoint directors is vested in the members. If the number of directors is fewer than three, or such greater minimum number set forth in the articles or bylaws, a majority of the directors in office may appoint or elect the number of additional directors necessary to increase the board to three directors or such greater minimum set forth in the articles or bylaws.

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A board of directors must consist of three or more individuals, with the number specified in or fixed in accordance with the articles or bylaws. The power to elect or appoint directors is vested in the members. If the number of directors is fewer than three, or such greater minimum number set forth in the articles or bylaws, a majority of the directors in office may appoint or elect the number of additional directors necessary to increase the board to three directors or such greater minimum set forth in the articles or bylaws.