2016 Minnesota Statutes

322B.785 FILINGS REQUIRED FOR CONVERSION; EFFECTIVE DATE AND TIME.

Subdivision 1.Articles of conversion.

After a plan of conversion is approved, the converting limited liability company shall file articles of conversion with the secretary of state, together with a total fee of $35, which articles of conversion must be signed as provided in section 322B.03, subdivision 45, and must include:

(1) a statement that the limited liability company is converting into another organization;

(2) the name and form of the converted organization and the jurisdiction of its governing statute;

(3) the time the conversion is effective under the governing statute of the converted organization;

(4) a statement that the conversion was approved as required by this chapter;

(5) a statement that the conversion was approved as required by the governing statute of the converted organization; and

(6) if the converted organization is a foreign organization not authorized to transact business in this state, the street address of an office that the secretary of state may use for the purposes of section 322B.791, subdivision 3.

Subd. 2.Effective date and time of conversion.

A conversion becomes effective as provided by the governing statute of the converted organization.

History:

2015 c 39 s 23

NOTE: This chapter is repealed by Laws 2014, chapter 157, article 1, section 91, effective January 1, 2018.