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HF 324

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:35am

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 01/26/2009

Current Version - as introduced

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A bill for an act
 relating to campaign finance; broadening the definition of "corporation";
amending Minnesota Statutes 2008, section 211B.15, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2008, section 211B.15, subdivision 1, is amended to read:


Subdivision 1.

Definitions.

For purposes of this section, "corporation" means:

(1) a corporation organized for profit that does business in this state;

(2) a nonprofit corporation that carries out activities in this state; deleted text begin or
deleted text end

(3) a limited liability company formed under chapter 322B, or under similar laws of
another state, that does business in this statedeleted text begin .deleted text end new text begin ; or
new text end

new text begin (4) a business entity established or operated by a foreign government or by an entity
or subdivision of an entity that exercises governmental functions for purposes of Public
Law 97-473, Title II.
 new text end