Minnesota Statutes 325E.23 – Definitions
Current as of: 2023 | Check for updates
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Subdivision 1.Scope.
For the purposes of sections 325E.23 to 325E.25 the terms defined in this section have the meanings given them.
Subd. 2.Advertising device.
Terms Used In Minnesota Statutes 325E.23
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Terms Used In Minnesota Statutes 325E.23
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
“Advertising device” means any billboard, sign, notice, poster, display emblem or similar item located out of doors which is intended to be viewed by the public from a highway or street and includes any structure used for the display of any such outdoor advertising device.
Subd. 3.Business of outdoor advertising.
“Business of outdoor advertising” means the business conducted for direct profit through rentals, or other compensation received from the erection or maintenance of advertising devices.
Subd. 4.Person.
“Person” means an individual, partnership, firm, association, or corporation.