Minnesota Statutes 321.0118 – Consent and Proxies of Partners
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Action requiring the consent of partners under this chapter may be taken without a meeting, and a partner may appoint a proxy to consent or otherwise act for the partner by signing an appointment record, either personally or by the partner’s attorney-in-fact.
Terms Used In Minnesota Statutes 321.0118
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.