One of the features of the Revised Uniform Limited Liability Company Act (RULLCA) that has been adopted in Minnesota and many other states is that it allows for an LLC to expel a member by judicial order under certain...more
On May 22, 2016 several amendments to the Minnesota Revised Uniform Limited Liability Company Act, Chapter 322C of the Minnesota statutes, were passed into law. While most of the changes are immaterial or administrative in...more
In This Issue:
- Forming a Limited Liability Company
- Shelf LLCs
- Series LLCs
- Governance
- Members
- Operating Agreement
- Standards of Conduct
- Distributions
- Merger, Conversion...more