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Financial Services Law Insights and Observations

North Dakota governor issues order on cooperatives’ annual meetings

State Issues Covid-19 North Dakota

State Issues

On July 1, the North Dakota governor issued Executive Order 2020-37, which suspends the provision in North Dakota law requiring cooperatives to hold an annual meeting within six months after the close of the fiscal year. Cooperative associations are permitted to schedule the 2020 annual meeting at a date, time and place, and in a manner that preserves and protects the health and safety of participating members.