2000 Minnesota Statutes

     323.03 Interpretations.  

    Subdivision 1.    Terms.  Unless the language or 
 context clearly indicates that a different interpretation is 
 intended, the following terms, for the purposes of this chapter, 
 shall be given the interpretations subjoined to them.  

    Subd. 2.    Knowledge of a fact.  A person has 
 "knowledge" of a fact not only with actual knowledge thereof, 
 but also with knowledge of such other facts as in the 
 circumstances show bad faith.  

    Subd. 3.    Notice of a fact.  A person has "notice" of 
 a fact when the person who claims the benefit of the notice 

    (1) States the fact to such person, or 

    (2) Delivers through the mail or by other means of 
 communication a written statement of the fact to such person or 
 to a proper person at the person's place of business or 
 residence.  

    HIST: (7386) 1921 c 487 s 3; 1986 c 444 

*   NOTE:  This section is repealed by Laws 1997, chapter 174, 
*article 12, section 68, as amended by Laws 1998, chapter 262, 
*section 12, effective January 1, 2002.