Minnesota Legislature
Office of the Revisor of Statutes
Minnesota Administrative Rules
2876.1000 DEFINITIONS.
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Subpart 1.
General terms and scope.
The terms used in this chapter that are not defined in this part have the meanings given them in Minnesota Statutes, chapter 80A.
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Subp. 2.
Control person.
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.
History:
40 SR 1617
Published Electronically:
June 22, 2016
Official Publication of the State of Minnesota
Revisor of Statutes