Minnesota § 322C.1008 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY

Minnesota Statutes

§ 322C.1008 — ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY

Minnesota § 322C.1008

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 322CMINNESOTA REVISED UNIFORM LIMITED LIABILITY COMPANY

This text of Minnesota § 322C.1008 (ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 322C.1008 (2026).

Text

Subdivision 1.Member consent required. Subject to section322C.1015, a plan of conversion must be consented to by all the members of a converting limited liability company. Subd. 2.Amendment of plan or abandonment of conversion. Subject to section322C.1015and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section322C.1009, a converting limited liability company may amend the plan or abandon the conversion:

(1)as provided in the plan; or

(2)except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.

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Subdivision 1.Member consent required.
Subject to section322C.1015, a plan of conversion must be consented to by all the members of a converting limited liability company.

Subd. 2.Amendment of plan or abandonment of conversion.
Subject to section322C.1015and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section322C.1009, a converting limited liability company may amend the plan or abandon the conversion:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.