Minnesota Statutes > Chapter 103I > LICENSING AND REGISTRATION


§ 103I.501	Licensing and Regulation of Wells and Borings
§ 103I.505	Reciprocity of Licenses and Registrations
§ 103I.515	Licenses Not Transferable
§ 103I.521	Fees
§ 103I.525	Well Contractor’s License; Representative’s Certification
§ 103I.531	Limited Well/Boring Contractor’s License; Representative’s Certification
§ 103I.535	Elevator Boring Contractor’s License; Representative’s Certification
§ 103I.541	Environmental Well Contractor’s Registration; Representative’s Certification
§ 103I.545	Registration of Drilling Machines and Hoists Required
§ 103I.550	Limited Pump, Pitless, or Dug Well/Drive Point Contractor

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Terms Used In Minnesota Statutes > Chapter 103I > LICENSING AND REGISTRATION

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Majority: means with respect to an individual the period of time after the individual reaches the age of 18. See Minnesota Statutes 645.451
Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
Quorum: The number of legislators that must be present to do business.
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
state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Tax: means any fee, charge, exaction, or assessment imposed by a governmental entity on an individual, person, entity, transaction, good, service, or other thing. See Minnesota Statutes 645.44
Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.