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319A.05 Applicability of acts.

A corporation incorporating, a limited liability company organizing, or a limited liability partnership registering, under sections 319A.01 to 319A.22 and chapter 302A, 317A, 322B, or 323 shall proceed in the manner specified in chapter 302A, 317A, 322B, or 323. After incorporation, organization, or registration, a professional corporation, limited liability company, or limited liability partnership shall enjoy the powers and privileges and shall be subject to the duties and liabilities of other corporations, limited liability companies, or limited liability partnerships, respectively organized under chapter 302A, 317A, 322B, or 323, except insofar as the same may be limited or enlarged by sections 319A.01 to 319A.22. If any provision of sections 319A.01 to 319A.22 conflicts with the provisions of chapter 302A, 317A, 322B, or 323, sections 319A.01 to 319A.22 take precedence.

HIST: 1973 c 40 s 5; 1981 c 270 s 133; 1987 c 384 art 2 s 79; 1989 c 304 s 137; 1992 c 517 art 1 s 24; 1994 c 539 s 3

Official Publication of the State of Minnesota
Revisor of Statutes