State Codes and Statutes

Statutes > Minnesota > 321-323A > 322B

Section 322B.01 Citation
Section 322B.02 Laws Not to Apply
Section 322B.03 Definitions
Section 322B.04 Legal Recognition of Electronic Records and Signatures
Section 322B.10 Purposes
Section 322B.105 Organizers
Section 322B.11 Member Requirement
Section 322B.115 Articles of Organization
Section 322B.12 Limited Liability Company Name
Section 322B.125 Reserved Name
Section 322B.13 Registered Office and Agent
Section 322B.135 Change of Registered Office or Agent
Section 322B.14 Amendment of Articles of Organization
Section 322B.145 Procedure for Amendment before Contribution
Section 322B.15 Procedure for Amendment after Contribution
Section 322B.155 Class or Series Voting on Amendments
Section 322B.16 Articles of Amendment
Section 322B.165 Effect of Amendment
Section 322B.17 Filing of Articles of Organization
Section 322B.175 Effective Date of Articles of Organization
Section 322B.18 Presumption and Certificate of Organization
Section 322B.20 Powers
Section 322B.21 Limited Liability Company Seal
Section 322B.22 Effect of Lack of Power and Ultra Vires
Section 322B.23 Transaction of Business Outside Minnesota
Section 322B.30 Nature of a Membership Interest and Statement of Interest Owned
Section 322B.303 Personal Liability of Members As Members
Section 322B.306 Termination of a Membership Interest
Section 322B.31 Assignment of Financial Rights
Section 322B.313 Assignment of Governance Rights
Section 322B.316 Effective Date of Assignments
Section 322B.32 Rights of Judgment Creditor
Section 322B.323 Powers of Estate of a Deceased or Incompetent Member
Section 322B.326 Sharing of Profits and Losses
Section 322B.33 Preemptive Rights
Section 322B.333 Regular Meetings of Members
Section 322B.336 Special Meetings of Members
Section 322B.34 Notice
Section 322B.343 Remote Communications for Member Meetings
Section 322B.346 Act of Members
Section 322B.348 Contractual Requirement to Submit Matter to Members
Section 322B.35 Action Without a Meeting
Section 322B.353 Quorum
Section 322B.356 Voting Rights
Section 322B.36 Voting by Organizations and Legal Representatives
Section 322B.363 Proxies
Section 322B.366 Member Voting Agreements
Section 322B.37 Member Control Agreements
Section 322B.373 Required Records and Information
Section 322B.376 Financial Statements
Section 322B.38 Equitable Remedies
Section 322B.383 Rights of Dissenting Members
Section 322B.386 Procedures for Asserting Dissenters' Rights
Section 322B.40 Authorization, Form and Acceptance of Contributions
Section 322B.41 Restatement of Value of Previous Contributions
Section 322B.42 Contribution Agreements
Section 322B.43 Contribution Allowance Agreements
Section 322B.50 Sharing of Distributions
Section 322B.51 Interim Distributions
Section 322B.52 Distribution in Kind
Section 322B.53 Status As a Creditor
Section 322B.54 Limitations on Distribution
Section 322B.55 Liability of Members for Illegal Distributions
Section 322B.56 Liability of Governors for Illegal Distributions
Section 322B.60 Organization
Section 322B.603 Bylaws
Section 322B.606 Board of Governors
Section 322B.61 Number
Section 322B.613 Qualifications and Election
Section 322B.616 Terms
Section 322B.62 Acts Not Void or Voidable
Section 322B.623 Compensation
Section 322B.626 Classification of Governors
Section 322B.63 Voting for Governors; Cumulative Voting
Section 322B.633 Resignation
Section 322B.636 Removal of Governors
Section 322B.64 Vacancies
Section 322B.643 Board of Governors Meetings
Section 322B.646 Absent Governors
Section 322B.65 Quorum
Section 322B.653 Act of the Board of Governors
Section 322B.656 Action Without a Meeting
Section 322B.66 Committees
Section 322B.663 Standard of Conduct
Section 322B.666 Governor Conflicts of Interest
Section 322B.67 Managers Required
Section 322B.673 Duties of Required Managers
Section 322B.676 Other Managers
Section 322B.679 Multiple Managerial Positions
Section 322B.68 Managers Considered Elected
Section 322B.683 Contract Rights
Section 322B.686 Resignation, Removal and Vacancy
Section 322B.689 Delegation
Section 322B.69 Standard of Conduct
Section 322B.693 Loans, Guarantees and Suretyship
Section 322B.696 Advances
Section 322B.699 Indemnification
Section 322B.70 Merger, Exchange, Transfer
Section 322B.71 Plan of Merger or Exchange
Section 322B.72 Plan Approval by Limited Liability Company
Section 322B.73 Articles of Merger or Exchange and Certificate
Section 322B.74 Abandonment by Limited Liability Company
Section 322B.75 Effective Date of Merger or Exchange and Effect
Section 322B.755 Merger of Domestic Cooperative into a Domestic Limited Liability Company
Section 322B.76 Merger or Exchange with Foreign Corporation or a Foreign Limited Liability Company
Section 322B.77 Transfer of Assets and When Permitted
Section 322B.78 Conversion
Section 322B.80 Dissolution
Section 322B.803 Nonjudicial Dissolution and Termination Prior to Accepting Contributions
Section 322B.806 Nonjudicial Dissolution after Accepting Contributions
Section 322B.81 Filing Notice of Dissolution and Effect
Section 322B.813 Procedure in Winding Up
Section 322B.816 Winding Up Procedure for Limited Liability Companies That Give Notice to Creditors and Claimants
Section 322B.82 Winding Up Procedure for Limited Liability Companies That Do Not Give Notice to Creditors and Claimants
Section 322B.823 Revocation of Dissolution
Section 322B.826 Effective Date of Termination and Certificate of Termination
Section 322B.83 Supervised Winding Up and Termination Following a Nonjudicial Dissolution
Section 322B.833 Judicial Intervention and Equitable Remedies, Dissolution, and Termination
Section 322B.836 Judicial Intervention Procedures
Section 322B.84 Qualifications of Receivers and Powers
Section 322B.843 Action by Attorney General
Section 322B.846 Filing Claims in Judicial Intervention Proceedings
Section 322B.85 Discontinuance of Proceedings for Winding Up Through Liquidation
Section 322B.853 Decree of Termination
Section 322B.856 Filing Decree
Section 322B.86 Deposit with Commissioner of Management and Budget of Amount Due Certain Members
Section 322B.863 Claims Barred and Exceptions
Section 322B.866 Right to Sue or Defend after Termination
Section 322B.87 Omitted Assets
Section 322B.873 Disposition of Assets Upon Dissolution
Section 322B.876 Service of Process on Limited Liability Company
Section 322B.88 When a Member is Not a Proper Party
Section 322B.883 State Interested in Proceedings
Section 322B.90 Governing Law
Section 322B.901 Repealed, 1995 c 128 art 3 s 27
Section 322B.905 Name
Section 322B.91 Application for Certificate of Authority
Section 322B.915 Issuance of Certificate of Authority
Section 322B.92 Amendments to the Certificate of Authority
Section 322B.925 Registered Agent and Certain Reports
Section 322B.93 Certificate of Withdrawal
Section 322B.935 Revocation of Certificate of Authority
Section 322B.94 Transaction of Business Without Certificate of Authority
Section 322B.945 Transactions Not Constituting Transacting Business
Section 322B.95 Action by Attorney General
Section 322B.955 Service of Process
Section 322B.960 Annual Renewal
Section 322B.975 Nonprofit Limited Liability Companies

State Codes and Statutes

Statutes > Minnesota > 321-323A > 322B

Section 322B.01 Citation
Section 322B.02 Laws Not to Apply
Section 322B.03 Definitions
Section 322B.04 Legal Recognition of Electronic Records and Signatures
Section 322B.10 Purposes
Section 322B.105 Organizers
Section 322B.11 Member Requirement
Section 322B.115 Articles of Organization
Section 322B.12 Limited Liability Company Name
Section 322B.125 Reserved Name
Section 322B.13 Registered Office and Agent
Section 322B.135 Change of Registered Office or Agent
Section 322B.14 Amendment of Articles of Organization
Section 322B.145 Procedure for Amendment before Contribution
Section 322B.15 Procedure for Amendment after Contribution
Section 322B.155 Class or Series Voting on Amendments
Section 322B.16 Articles of Amendment
Section 322B.165 Effect of Amendment
Section 322B.17 Filing of Articles of Organization
Section 322B.175 Effective Date of Articles of Organization
Section 322B.18 Presumption and Certificate of Organization
Section 322B.20 Powers
Section 322B.21 Limited Liability Company Seal
Section 322B.22 Effect of Lack of Power and Ultra Vires
Section 322B.23 Transaction of Business Outside Minnesota
Section 322B.30 Nature of a Membership Interest and Statement of Interest Owned
Section 322B.303 Personal Liability of Members As Members
Section 322B.306 Termination of a Membership Interest
Section 322B.31 Assignment of Financial Rights
Section 322B.313 Assignment of Governance Rights
Section 322B.316 Effective Date of Assignments
Section 322B.32 Rights of Judgment Creditor
Section 322B.323 Powers of Estate of a Deceased or Incompetent Member
Section 322B.326 Sharing of Profits and Losses
Section 322B.33 Preemptive Rights
Section 322B.333 Regular Meetings of Members
Section 322B.336 Special Meetings of Members
Section 322B.34 Notice
Section 322B.343 Remote Communications for Member Meetings
Section 322B.346 Act of Members
Section 322B.348 Contractual Requirement to Submit Matter to Members
Section 322B.35 Action Without a Meeting
Section 322B.353 Quorum
Section 322B.356 Voting Rights
Section 322B.36 Voting by Organizations and Legal Representatives
Section 322B.363 Proxies
Section 322B.366 Member Voting Agreements
Section 322B.37 Member Control Agreements
Section 322B.373 Required Records and Information
Section 322B.376 Financial Statements
Section 322B.38 Equitable Remedies
Section 322B.383 Rights of Dissenting Members
Section 322B.386 Procedures for Asserting Dissenters' Rights
Section 322B.40 Authorization, Form and Acceptance of Contributions
Section 322B.41 Restatement of Value of Previous Contributions
Section 322B.42 Contribution Agreements
Section 322B.43 Contribution Allowance Agreements
Section 322B.50 Sharing of Distributions
Section 322B.51 Interim Distributions
Section 322B.52 Distribution in Kind
Section 322B.53 Status As a Creditor
Section 322B.54 Limitations on Distribution
Section 322B.55 Liability of Members for Illegal Distributions
Section 322B.56 Liability of Governors for Illegal Distributions
Section 322B.60 Organization
Section 322B.603 Bylaws
Section 322B.606 Board of Governors
Section 322B.61 Number
Section 322B.613 Qualifications and Election
Section 322B.616 Terms
Section 322B.62 Acts Not Void or Voidable
Section 322B.623 Compensation
Section 322B.626 Classification of Governors
Section 322B.63 Voting for Governors; Cumulative Voting
Section 322B.633 Resignation
Section 322B.636 Removal of Governors
Section 322B.64 Vacancies
Section 322B.643 Board of Governors Meetings
Section 322B.646 Absent Governors
Section 322B.65 Quorum
Section 322B.653 Act of the Board of Governors
Section 322B.656 Action Without a Meeting
Section 322B.66 Committees
Section 322B.663 Standard of Conduct
Section 322B.666 Governor Conflicts of Interest
Section 322B.67 Managers Required
Section 322B.673 Duties of Required Managers
Section 322B.676 Other Managers
Section 322B.679 Multiple Managerial Positions
Section 322B.68 Managers Considered Elected
Section 322B.683 Contract Rights
Section 322B.686 Resignation, Removal and Vacancy
Section 322B.689 Delegation
Section 322B.69 Standard of Conduct
Section 322B.693 Loans, Guarantees and Suretyship
Section 322B.696 Advances
Section 322B.699 Indemnification
Section 322B.70 Merger, Exchange, Transfer
Section 322B.71 Plan of Merger or Exchange
Section 322B.72 Plan Approval by Limited Liability Company
Section 322B.73 Articles of Merger or Exchange and Certificate
Section 322B.74 Abandonment by Limited Liability Company
Section 322B.75 Effective Date of Merger or Exchange and Effect
Section 322B.755 Merger of Domestic Cooperative into a Domestic Limited Liability Company
Section 322B.76 Merger or Exchange with Foreign Corporation or a Foreign Limited Liability Company
Section 322B.77 Transfer of Assets and When Permitted
Section 322B.78 Conversion
Section 322B.80 Dissolution
Section 322B.803 Nonjudicial Dissolution and Termination Prior to Accepting Contributions
Section 322B.806 Nonjudicial Dissolution after Accepting Contributions
Section 322B.81 Filing Notice of Dissolution and Effect
Section 322B.813 Procedure in Winding Up
Section 322B.816 Winding Up Procedure for Limited Liability Companies That Give Notice to Creditors and Claimants
Section 322B.82 Winding Up Procedure for Limited Liability Companies That Do Not Give Notice to Creditors and Claimants
Section 322B.823 Revocation of Dissolution
Section 322B.826 Effective Date of Termination and Certificate of Termination
Section 322B.83 Supervised Winding Up and Termination Following a Nonjudicial Dissolution
Section 322B.833 Judicial Intervention and Equitable Remedies, Dissolution, and Termination
Section 322B.836 Judicial Intervention Procedures
Section 322B.84 Qualifications of Receivers and Powers
Section 322B.843 Action by Attorney General
Section 322B.846 Filing Claims in Judicial Intervention Proceedings
Section 322B.85 Discontinuance of Proceedings for Winding Up Through Liquidation
Section 322B.853 Decree of Termination
Section 322B.856 Filing Decree
Section 322B.86 Deposit with Commissioner of Management and Budget of Amount Due Certain Members
Section 322B.863 Claims Barred and Exceptions
Section 322B.866 Right to Sue or Defend after Termination
Section 322B.87 Omitted Assets
Section 322B.873 Disposition of Assets Upon Dissolution
Section 322B.876 Service of Process on Limited Liability Company
Section 322B.88 When a Member is Not a Proper Party
Section 322B.883 State Interested in Proceedings
Section 322B.90 Governing Law
Section 322B.901 Repealed, 1995 c 128 art 3 s 27
Section 322B.905 Name
Section 322B.91 Application for Certificate of Authority
Section 322B.915 Issuance of Certificate of Authority
Section 322B.92 Amendments to the Certificate of Authority
Section 322B.925 Registered Agent and Certain Reports
Section 322B.93 Certificate of Withdrawal
Section 322B.935 Revocation of Certificate of Authority
Section 322B.94 Transaction of Business Without Certificate of Authority
Section 322B.945 Transactions Not Constituting Transacting Business
Section 322B.95 Action by Attorney General
Section 322B.955 Service of Process
Section 322B.960 Annual Renewal
Section 322B.975 Nonprofit Limited Liability Companies

State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 321-323A > 322B

Section 322B.01 Citation
Section 322B.02 Laws Not to Apply
Section 322B.03 Definitions
Section 322B.04 Legal Recognition of Electronic Records and Signatures
Section 322B.10 Purposes
Section 322B.105 Organizers
Section 322B.11 Member Requirement
Section 322B.115 Articles of Organization
Section 322B.12 Limited Liability Company Name
Section 322B.125 Reserved Name
Section 322B.13 Registered Office and Agent
Section 322B.135 Change of Registered Office or Agent
Section 322B.14 Amendment of Articles of Organization
Section 322B.145 Procedure for Amendment before Contribution
Section 322B.15 Procedure for Amendment after Contribution
Section 322B.155 Class or Series Voting on Amendments
Section 322B.16 Articles of Amendment
Section 322B.165 Effect of Amendment
Section 322B.17 Filing of Articles of Organization
Section 322B.175 Effective Date of Articles of Organization
Section 322B.18 Presumption and Certificate of Organization
Section 322B.20 Powers
Section 322B.21 Limited Liability Company Seal
Section 322B.22 Effect of Lack of Power and Ultra Vires
Section 322B.23 Transaction of Business Outside Minnesota
Section 322B.30 Nature of a Membership Interest and Statement of Interest Owned
Section 322B.303 Personal Liability of Members As Members
Section 322B.306 Termination of a Membership Interest
Section 322B.31 Assignment of Financial Rights
Section 322B.313 Assignment of Governance Rights
Section 322B.316 Effective Date of Assignments
Section 322B.32 Rights of Judgment Creditor
Section 322B.323 Powers of Estate of a Deceased or Incompetent Member
Section 322B.326 Sharing of Profits and Losses
Section 322B.33 Preemptive Rights
Section 322B.333 Regular Meetings of Members
Section 322B.336 Special Meetings of Members
Section 322B.34 Notice
Section 322B.343 Remote Communications for Member Meetings
Section 322B.346 Act of Members
Section 322B.348 Contractual Requirement to Submit Matter to Members
Section 322B.35 Action Without a Meeting
Section 322B.353 Quorum
Section 322B.356 Voting Rights
Section 322B.36 Voting by Organizations and Legal Representatives
Section 322B.363 Proxies
Section 322B.366 Member Voting Agreements
Section 322B.37 Member Control Agreements
Section 322B.373 Required Records and Information
Section 322B.376 Financial Statements
Section 322B.38 Equitable Remedies
Section 322B.383 Rights of Dissenting Members
Section 322B.386 Procedures for Asserting Dissenters' Rights
Section 322B.40 Authorization, Form and Acceptance of Contributions
Section 322B.41 Restatement of Value of Previous Contributions
Section 322B.42 Contribution Agreements
Section 322B.43 Contribution Allowance Agreements
Section 322B.50 Sharing of Distributions
Section 322B.51 Interim Distributions
Section 322B.52 Distribution in Kind
Section 322B.53 Status As a Creditor
Section 322B.54 Limitations on Distribution
Section 322B.55 Liability of Members for Illegal Distributions
Section 322B.56 Liability of Governors for Illegal Distributions
Section 322B.60 Organization
Section 322B.603 Bylaws
Section 322B.606 Board of Governors
Section 322B.61 Number
Section 322B.613 Qualifications and Election
Section 322B.616 Terms
Section 322B.62 Acts Not Void or Voidable
Section 322B.623 Compensation
Section 322B.626 Classification of Governors
Section 322B.63 Voting for Governors; Cumulative Voting
Section 322B.633 Resignation
Section 322B.636 Removal of Governors
Section 322B.64 Vacancies
Section 322B.643 Board of Governors Meetings
Section 322B.646 Absent Governors
Section 322B.65 Quorum
Section 322B.653 Act of the Board of Governors
Section 322B.656 Action Without a Meeting
Section 322B.66 Committees
Section 322B.663 Standard of Conduct
Section 322B.666 Governor Conflicts of Interest
Section 322B.67 Managers Required
Section 322B.673 Duties of Required Managers
Section 322B.676 Other Managers
Section 322B.679 Multiple Managerial Positions
Section 322B.68 Managers Considered Elected
Section 322B.683 Contract Rights
Section 322B.686 Resignation, Removal and Vacancy
Section 322B.689 Delegation
Section 322B.69 Standard of Conduct
Section 322B.693 Loans, Guarantees and Suretyship
Section 322B.696 Advances
Section 322B.699 Indemnification
Section 322B.70 Merger, Exchange, Transfer
Section 322B.71 Plan of Merger or Exchange
Section 322B.72 Plan Approval by Limited Liability Company
Section 322B.73 Articles of Merger or Exchange and Certificate
Section 322B.74 Abandonment by Limited Liability Company
Section 322B.75 Effective Date of Merger or Exchange and Effect
Section 322B.755 Merger of Domestic Cooperative into a Domestic Limited Liability Company
Section 322B.76 Merger or Exchange with Foreign Corporation or a Foreign Limited Liability Company
Section 322B.77 Transfer of Assets and When Permitted
Section 322B.78 Conversion
Section 322B.80 Dissolution
Section 322B.803 Nonjudicial Dissolution and Termination Prior to Accepting Contributions
Section 322B.806 Nonjudicial Dissolution after Accepting Contributions
Section 322B.81 Filing Notice of Dissolution and Effect
Section 322B.813 Procedure in Winding Up
Section 322B.816 Winding Up Procedure for Limited Liability Companies That Give Notice to Creditors and Claimants
Section 322B.82 Winding Up Procedure for Limited Liability Companies That Do Not Give Notice to Creditors and Claimants
Section 322B.823 Revocation of Dissolution
Section 322B.826 Effective Date of Termination and Certificate of Termination
Section 322B.83 Supervised Winding Up and Termination Following a Nonjudicial Dissolution
Section 322B.833 Judicial Intervention and Equitable Remedies, Dissolution, and Termination
Section 322B.836 Judicial Intervention Procedures
Section 322B.84 Qualifications of Receivers and Powers
Section 322B.843 Action by Attorney General
Section 322B.846 Filing Claims in Judicial Intervention Proceedings
Section 322B.85 Discontinuance of Proceedings for Winding Up Through Liquidation
Section 322B.853 Decree of Termination
Section 322B.856 Filing Decree
Section 322B.86 Deposit with Commissioner of Management and Budget of Amount Due Certain Members
Section 322B.863 Claims Barred and Exceptions
Section 322B.866 Right to Sue or Defend after Termination
Section 322B.87 Omitted Assets
Section 322B.873 Disposition of Assets Upon Dissolution
Section 322B.876 Service of Process on Limited Liability Company
Section 322B.88 When a Member is Not a Proper Party
Section 322B.883 State Interested in Proceedings
Section 322B.90 Governing Law
Section 322B.901 Repealed, 1995 c 128 art 3 s 27
Section 322B.905 Name
Section 322B.91 Application for Certificate of Authority
Section 322B.915 Issuance of Certificate of Authority
Section 322B.92 Amendments to the Certificate of Authority
Section 322B.925 Registered Agent and Certain Reports
Section 322B.93 Certificate of Withdrawal
Section 322B.935 Revocation of Certificate of Authority
Section 322B.94 Transaction of Business Without Certificate of Authority
Section 322B.945 Transactions Not Constituting Transacting Business
Section 322B.95 Action by Attorney General
Section 322B.955 Service of Process
Section 322B.960 Annual Renewal
Section 322B.975 Nonprofit Limited Liability Companies

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