Minnesota Clauses Relating to Venture Officers

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Multi-State
Control #:
US-P0605-3CAM
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Word; 
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This sample form, containing Clauses Relating to Venture Officers document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

Minnesota's antitrust law is similar to federal antitrust regulations, in that it prohibits monopolies, price fixing, collusion among competitors, and other acts that would restrain trade and commerce unfairly. The law provides both civil and criminal penalties, as well as the right to sue for damages.

The Joint Powers Act allows Minnesota cities the ability to offer a broad array of services cooperatively with nearby cities, townships, counties, tribes, school districts and others.

Minnesota Statutes, Chapter 322C A Converted Organization that is a foreign organization and not authorized to transact business in this state appoints the secretary of state as its agent for service of process for purposes of enforcing a debt, obligation, or other liability under this subdivision.

It is unlawful for a person under the age of 21 years to possess any alcoholic beverage with the intent to consume it at a place other than the household of the person's parent or guardian.

A corporation may buy and maintain insurance on behalf of a person in that person's official capacity against liability asserted against and incurred by the person in or arising from that capacity, whether or not the corporation would have been required to indemnify the person against the liability under this section.

A director shall discharge the duties of the position of director in good faith, in a manner the director reasonably believes to be in the best interests of the corporation, and with the care an ordinarily prudent person in a like position would exercise under similar circumstances.

317A. A nonprofit corporation's purpose and activities must serve the organization's mission to benefit the public, and may not be operated to profit other persons or entities.

(a) A contract or other transaction between a corporation and: (1) its director or a member of the family of its director; (2) a director of a related organization, or a member of the family of a director of a related organization; or (3) an organization in or of which the corporation's director, or a member of the ...

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Minnesota Clauses Relating to Venture Officers