Browse as ListSearch Within- Section 2000 - Short title
- Section 2001 - [Effective Until 11/1/2024] Definitions
- Section 2001 - [Effective 11/1/2024] DEFINITIONS
- Section 2002 - Purposes for formation
- Section 2003 - Powers and authority
- Section 2004 - Filing the articles of organization
- Section 2005 - [Effective Until 11/1/2024] Articles of organization - Contents
- Section 2005 - [Effective 11/1/2024] Articles of organization - Contents
- Section 2006 - [Effective Until 11/1/2024] Execution of articles - Evidence of authority - Signatures
- Section 2006 - [Effective 11/1/2024] Execution of articles - Evidence of authority - Signatures
- Section 2007 - Delivery of articles to Secretary of State - Filing -Time when effective
- Section 2008 - [Effective Until 11/1/2024] Name of company - Restrictions
- Section 2008 - [Effective 11/1/2024] Name of company - Restrictions
- Section 2009 - Reservation and transfer of company name
- Section 2010 - [Effective Until 11/1/2024] Registered office and agent
- Section 2010 - [Effective 11/1/2024] Registered office and agent
- Section 2011 - Articles of organization - Amendment
- Section 2012 - [Effective Until 11/1/2024] Articles of correction
- Section 2012 - [Effective 11/1/2024] Articles of correction
- Section 2012.1 - [Effective Until 11/1/2024] Cancellation of articles of organization
- Section 2012.1 - [Effective 11/1/2024] CANCELLATION OF ARTICLES OF ORGANIZATION
- Section 2012.2 - [Effective Until 11/1/2024] Operating agreement of LLC
- Section 2012.2 - [Effective 11/1/2024] OPERATING AGREEMENT OF LLC
- Section 2013 - Managers - Qualifications - Powers
- Section 2014 - Managers - Election - Removal - Resignation
- Section 2015 - Management of company without designated managers - Resignation of member
- Section 2016 - Managers - Duties - Good faith - Liability
- Section 2017 - Member or manager - Limitation or elimination of liability - Indemnification - Creation of series or groups
- Section 2018 - Managers - Majority vote required
- Section 2019 - Managers as agents
- Section 2019.1 - Title to property - Transfer
- Section 2020 - Voting rights of members
- Section 2021 - Records required to be kept - Member access to information - Managers may inspect and copy records
- Section 2022 - Liability solely as manager or member
- Section 2023 - Contribution of member - Form
- Section 2024 - Performance of obligations - Compromise - Remedies for failure to perform
- Section 2025 - Profits and losses - Distributions
- Section 2026 - Distributions - Time
- Section 2027 - [Repealed]
- Section 2028 - Distribution - Cash - Asset in kind
- Section 2029 - Distribution - Status and rights of member
- Section 2030 - Restrictions on distributions - Determination of prohibited distributions - Effect of distribution - Indebtedness
- Section 2031 - Wrongful distribution - Liability of member - Action for recovery
- Section 2032 - Membership interest as personal property
- Section 2033 - Assignability of membership interest
- Section 2034 - Judgment creditor - Rights - Exclusive remedy
- Section 2035 - Assignee of interest becoming member - Rights and powers, restrictions and liabilities - Assignor's liabilities- Time of admission of member
- Section 2036 - Events causing cessation of membership - Withdrawal - Death or incapacity
- Section 2037 - Dissolution - Activities after dissolution
- Section 2038 - Decree of dissolution
- Section 2039 - Winding up business or affairs - Ways - Acts and transactions of member or manager - Presumptive notice
- Section 2040 - Distribution of assets upon winding up
- Section 2041 - Articles of dissolution
- Section 2042 - Foreign limited liability company - Laws governing - Powers, rights and privileges
- Section 2043 - Foreign limited liability company - Registration procedure
- Section 2044 - Foreign limited liability company - Duties of Secretary of State
- Section 2045 - Foreign limited liability company - Name
- Section 2046 - Foreign limited liability company - Correction certificate - Recording changes
- Section 2047 - Foreign limited liability company - Certificate of withdrawal
- Section 2048 - Foreign limited liability company - Necessity of registration to transact business in state
- Section 2049 - Foreign limited liability company - Acts not constituting transacting business in state
- Section 2050 - Foreign limited liability company - Action to restrain transacting business in state
- Section 2051 - Action to recover judgment - Conditions
- Section 2052 - Derivative action - Complaint
- Section 2053 - Derivative action - Expenses - Disposition of proceeds
- Section 2054 - Agreement of merger of consolidation
- Section 2054.1 - [Effective Until 11/1/2024] Conversion of an entity to a limited liability company
- Section 2054.1 - [Effective 11/1/2024] CONVERSION OF AN ENTITY TO A LIMITED LIABILITY COMPANY
- Section 2054.2 - [Effective Until 11/1/2024] Conversion of limited liability company to an entity
- Section 2054.2 - [Effective 11/1/2024] CONVERSION OF A LIMITED LIABILITY COMPANY TO AN ENTITY
- Section 2054.3 - [Effective Until 11/1/2024] Appraisal rights
- Section 2054.3 - [Effective 11/1/2024] Appraisal rights
- Section 2054.4 - [Effective Until 11/1/2024] Series of members, managers or membership interests having separate rights - Personal obligation of member or manager
- Section 2054.4 - [Effective 11/1/2024] SERIES OF MEMBERS, MANAGERS, OR MEMBERSHIP INTERESTS HAVING SEPARATE RIGHTS - PERSONAL OBLIGATION OF MEMBER OR MANAGER
- Section 2054.5 - [Effective 11/1/2024] Registered series of members, managers, membership interests, or assets
- Section 2054.6 - [Effective 11/1/2024] Conversion of a protected series to a registered series
- Section 2054.7 - [Effective 11/1/2024] Conversion of a registered series to a protected series
- Section 2054.8 - [Effective 11/1/2024] Merger and consolidation of registered series
- Section 2054.9 - [Effective 11/1/2024] Division of a limited liability company
- Section 2055 - [Effective Until 11/1/2024] Fees
- Section 2055 - [Effective 11/1/2024] Fees
- Section 2055.1 - [Effective Until 11/1/2024] Failure to pay registered agent fees
- Section 2055.1 - [Effective 11/1/2024] FAILURE TO PAY REGISTERED AGENT FEES
- Section 2055.2 - [Effective Until 11/1/2024] Annual certificate for domestic limited liability company and foreign limited liability company
- Section 2055.2 - [Effective 11/1/2024] ANNUAL CERTIFICATE FOR DOMESTIC LIMITED LIABILITY COMPANY AND REGISTERED SERIES AND FOREIGN LIMITED LIABILITY COMPANY
- Section 2055.3 - [Effective Until 11/1/2024] Reinstatement of a limited liability company
- Section 2055.3 - [Effective 11/1/2024] REINSTATEMENT OF A LIMITED LIABILITY COMPANY OR REGISTERED SERIES
- Section 2056 - Action to compel execution or filing of articles or other documents
- Section 2057 - Application of act to foreign and interstate commerce
- Section 2058 - Rules of construction of act
- Section 2058.1 - [Effective 11/1/2024] Document form, signature, and delivery
- Section 2059 - District court - Jurisdiction
- Section 2060 - Cases not provided for in act
- Section 2061 - Public benefit limited liability companies
- Section 2062 - Certain amendments and mergers; Votes required
- Section 2063 - Duties of members or managers
- Section 2064 - Periodic statements and third-party certification
- Section 2065 - Derivative suits
- Section 2066 - No effect on other limited liability companies
- Section 2067 - Accomplishment by other means
- Section 2068
- Section 2069
- Section 2070
- Section 2071
- Section 2072