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Chapter 322B
Section 322B.145
Recent History
- 2014 322B.145 Repealed 2014 c 157 art 1 s 91
- 1996 322B.145 Amended 1996 c 361 s 8
This is an historical version of this statute chapter. Also view the most recent published version.
322B.145 PROCEDURE FOR AMENDMENT BEFORE CONTRIBUTION.
Before any contribution is reflected in the required records of a limited liability company,
the articles of organization may be amended pursuant to section 322B.60 by the organizers or
by the board of governors. The articles of organization may also be amended by the board of
governors to change or cancel a statement pursuant to section 322B.40, subdivision 6, establishing
or fixing the rights and preferences of a class or series of membership interests before any
contribution pertaining to that class or series is reflected in the required records of the limited
liability company by filing articles of amendment or a statement of cancellation, as appropriate,
with the secretary of state.
History: 1992 c 517 art 2 s 13; 1996 c 361 s 8
Before any contribution is reflected in the required records of a limited liability company,
the articles of organization may be amended pursuant to section 322B.60 by the organizers or
by the board of governors. The articles of organization may also be amended by the board of
governors to change or cancel a statement pursuant to section 322B.40, subdivision 6, establishing
or fixing the rights and preferences of a class or series of membership interests before any
contribution pertaining to that class or series is reflected in the required records of the limited
liability company by filing articles of amendment or a statement of cancellation, as appropriate,
with the secretary of state.
History: 1992 c 517 art 2 s 13; 1996 c 361 s 8
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Revisor of Statutes