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322B.348 CONTRACTUAL REQUIREMENT TO SUBMIT MATTER TO MEMBERS.

A limited liability company may agree to submit a matter to its members whether or not the board determines, at any time after approving the matter, that the matter is no longer advisable and recommends that members reject it.

NOTE: This chapter is repealed by Laws 2014, chapter 157, article 1, section 91, effective January 1, 2018.

Official Publication of the State of Minnesota
Revisor of Statutes