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1,133 chapters · 28,363 sections in this title.
Minn. Stat. § 116S.01 DEFINITIONS.
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116S.01 DEFINITIONS. § Subdivision 1.Applicability. The definitions in this section apply to this chapter. § Subd. 2.Board. "Board" means the Board of Directors of Minnesota Business Finance, Inc. § Subd. 3.Corporation. "Corporation" means Minnesota Business Finance, Inc. History…
Minn. Stat. § 116S.02 CORPORATION; MEMBERS; BOARD OF DIRECTORS; POWERS.
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116S.02 CORPORATION; MEMBERS; BOARD OF DIRECTORS; POWERS. § Subdivision 1.Public corporation. Minnesota Business Finance, Inc. is a public corporation of the state and is not subject to the laws governing a state agency except as provided in this chapter. The business of the corp…
Minn. Stat. § 116S.03 CORPORATE PERSONNEL.
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116S.03 CORPORATE PERSONNEL. § Subdivision 1.Generally. The board shall appoint and set the compensation for the executive director, who serves as chief executive officer of the corporation. The executive director's compensation may not exceed 95 percent of the salary of the gove…
Minn. Stat. § 116S.04 POWERS OF CORPORATION.
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116S.04 POWERS OF CORPORATION. § Subdivision 1.General corporate powers. (a) The corporation has the powers granted to a nonprofit corporation by section 317A.161, except as otherwise provided in this chapter. (b) Except as specified in section 116S.02, subdivision 10, the state …
