§ 53.01 Organization
§ 53.015 Definitions
§ 53.02 Capital
§ 53.03 Certificate
§ 53.04 Special Powers
§ 53.05 Powers, Limitation
§ 53.06 Directors, Residence
§ 53.07 Reserve
§ 53.08 Dividends
§ 53.09 Oversight and Administration
§ 53.10 Mandatory Insurance of Accounts

Terms Used In Minnesota Statutes > Chapter 53

  • Minor: means an individual under the age of 18. See Minnesota Statutes 645.451
  • Oath: includes "affirmation" in all cases where by law an affirmation may be substituted for an oath; and in like cases "swear" includes "affirm" and "sworn" "affirmed. See Minnesota Statutes 645.44
  • seal: includes an impression thereof upon the paper alone, as well as an impression on a wafer, wax, or other substance thereto attached. See Minnesota Statutes 645.44
  • Small business: means a business entity organized for profit, including but not limited to any individual, partnership, corporation, joint venture, association or cooperative, which entity:

    (1) is not an affiliate or subsidiary of a business dominant in its field of operation; and

    (2) has 20 or fewer full-time employees; or

    (3) in the preceding fiscal year has not had more than the equivalent of $1,000,000 in annual gross revenues; or

    (4) if the business is a technical or professional service, shall not have had more than the equivalent of $2,500,000 in annual gross revenues in the preceding fiscal year. See Minnesota Statutes 645.445

  • Violate: includes failure to comply with. See Minnesota Statutes 645.44