Chapter 318 — Organization; Scope of Business
Minnesota Statutes Chapter 318 — Organization; Scope of Business
318.01
Organization; Scope of Business
Lets people organize business trusts in Minnesota.
318.02
General Provisions
Requires business trusts to file their trust instrument with the Secretary of State.
318.03
Sale of Securities; Registration
Requires business trusts to register securities before selling them.
318.04
Certificate of Authority to Transact the Business of Insurance
Requires business trusts doing insurance to get a certificate of authority.
318.05
Unlawful to Transact Business Prior to Compliance
Makes it illegal for new business trusts to operate without filing requirements.
318.06
Penalties
Sets penalties for violating the business trust law.