Foreign business entity
A foreign business entity is any business entity that is not organized under Minnesota law, as chapter 308B uses the term.
A foreign business entity is a business entity that is not a domestic business entity, that is, one not organized under Minnesota law.
Statutory definition#
This is a term defined by statute. Section 308B.005, subdivision 13, defines it for purposes of chapter 308B P1, subd. 13. Our paraphrase is above; the statute's own words control and are in § 308B.005.
Statute sections referenced
- § 308B.005 DEFINITIONS.
Related
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)