I wouldn't advise utilizing nested IFs because they are tough to manage and I generally disagree with that approach on moral reasons. I would advise utilizing an INDEX(MATCH structure or a VLOOKUP.
We'll adapt your illustration of the laws slightly:
Min | Class
--------------
0 | Class A
2 | Class B
5 | Class C
8 | Class D
11 | Class E
14 | Class F
Now, assuming your Max values are in sheet 2, column A, we'll use the following formula in the Class column of your output:
=VLOOKUP($A2,Sheet2!$A$1:$B$7,2,TRUE)