Minn. Stat. § 322C.1008
Action on Plan of Conversion by Converting Limited Liability Company
Minnesota · Minnesota Statutes Chapter 322C — Minnesota Revised Uniform Limited Liability Company · Status: effective
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- Minn. Stat. § 322C.1008, Action on Plan of Conversion by Converting Limited Liability Company, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1726258
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Subdivision 1. Member consent required.
Subject to section 322C.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 section 322C.1015 and 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 section 322C.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.