There is a newer version of the Minnesota Statutes
2010 Minnesota Code
Chapters 300 - 319B Corporations
Chapter 317A Nonprofit Corporations
Section 317A.413 Purchase of Memberships
317A.413 PURCHASE OF MEMBERSHIPS.
If authorized in its articles or bylaws, a corporation may buy the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions in the articles or bylaws.
History:
1989 c 304 s 62
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