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MN HF3616
Bill
Status
Introduced
2/13/2024
Primary Sponsor
Mary Franson
Click for details
AI Summary
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Requires agricultural cooperatives to report the financial condition of each business division or unit to members at regular members' meetings
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Officers must include in business and fiscal reports the net creation or use of member equity within each business division or unit for the fiscal year
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Amends Minnesota Statutes 2022, section 308A.611, subdivision 3
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Effective August 1, 2024, and applies to business and fiscal reports submitted on or after that date
Legislative Description
Agricultural cooperatives required to report financial information to members.
Last Action
Author added Wiener
3/11/2024
Committee Referrals
Commerce Finance & Policy2/13/2024
Full Bill Text
No bill text available