Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Minnesota Statutes 326B.01

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44

Subdivision 1.Scope.

The definitions in this section apply to this chapter.

Subd. 2.ASME.

“ASME” means the American Society of Mechanical Engineers.

Subd. 3.Commissioner.

“Commissioner” means the commissioner of labor and industry or a duly designated representative of the commissioner who is either an employee of the Department of Labor and Industry or a person working under contract with the department.

Subd. 4.Department.

“Department” means the Department of Labor and Industry.

Subd. 5.Day.

“Day” means calendar day unless otherwise provided.

Subd. 6.Individual.

“Individual” means a human being.

Subd. 7.Person.

“Person” means any individual, limited liability company, corporation, partnership, incorporated or unincorporated association, sole proprietorship, joint stock company, or any other legal or commercial entity.