In This Issue:
- Forming a Limited Liability Company
- Shelf LLCs
- Series LLCs
- Governance
- Members
- Operating Agreement
- Standards of Conduct
- Distributions
- Merger, Conversion and Domestication
- Judicial Dissolution, Buyouts and Oppression
- Indemnification and Advancement
- Personal Liability of Members
- Transition
- Considerations for Early Adoption
- Comparison of Statutes
- Excerpt from Forming a Limited Liability Company:
One or more persons (including corporations, partnerships, and other business entities) may act as organizers to form a limited liability company by signing and filing with the secretary of state articles of organization (322C.201). Under current Minnesota law, a limited liability company may only be organized by a natural person.
Please see full publication below for more information.