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Domestic business entity

A domestic business entity is a business entity organized under Minnesota law, as chapter 308B uses the term.

Verified against sources: October 15, 2026Last edited: October 15, 2026

A domestic business entity is a business entity organized under the laws of Minnesota.

Statutory definition#

This is a term defined by statute. Section 308B.005, subdivision 10, defines it for purposes of chapter 308B P1, subd. 10. Our paraphrase is above; the statute's own words control and are in § 308B.005.

Statute sections referenced

Sources

  • P1 Minnesota Statutes, Chapter 308B (Cooperative Associations), Office of the Revisor of Statutes, State of Minnesota. revisor.mn.gov (primary; accessed October 15, 2026)

glossarystatutory-definition

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