The terms used in this chapter that are not defined in this part have the meanings given them in Minnesota Statutes, chapter 80A.
For purposes of this chapter, "control person" means a partner, officer, director, manager, majority holder of securities, or anyone else having the power to direct the management of the entity, but does not include a person whose primary duties are ministerial or clerical.
40 SR 1617
June 22, 2016
Official Publication of the State of Minnesota
Revisor of Statutes