2017 Minnesota Statutes

322B.10 PURPOSES.

A limited liability company may be organized under this chapter for any lawful purpose or purposes, unless some other statute of this state requires organization for any of those purposes under a different law. Unless otherwise provided in its articles of organization, a limited liability company has general business purposes.

History:

1992 c 517 art 2 s 4; 2008 c 233 art 3 s 4

NOTE: This chapter is repealed by Laws 2014, chapter 157, article 1, section 91, effective January 1, 2018.