Minnesota Legislature
SF 2175
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
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 2004, section 211B.15, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2004, 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 statenew 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 IInew text end .