2006 Minnesota Statutes
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Chapter 302A
Section 302A.681
Recent History
- 2015 302A.681 Repealed 2015 c 39 s 45
- 2014 302A.681 Amended 2014 c 157 art 2 s 10
- 2014 Subd. 1 Amended 2014 c 170 s 19
- 2014 Subd. 3 New 2014 c 170 s 20
- 2004 302A.681 New 2004 c 199 art 14 s 23
This is an historical version of this statute chapter. Also view the most recent published version.
302A.681 CONVERSION OF CORPORATIONS AND LIMITED LIABILITY
COMPANIES.
Subdivision 1. Conversions authorized. A corporation may become a domestic limited
liability company, and a domestic limited liability company may become a corporation, in each
case pursuant to a plan of conversion.
Subd. 2. Certain definitions. (a) For purposes of sections 302A.681 to 302A.691, the words,
terms, and phrases in paragraphs (b) to (h) have the meanings given them.
(b) "Articles of organization" has the same meaning as it does under section322B.03,
subdivision 6 .
(c) "Board of governors" has the same meaning as it does under section322B.03, subdivision
7 .
(d) "Class," when used with reference to membership interests, has the same meaning as it
does under section 322B.03, subdivision 10.
(e) "Governor" has the same meaning as it does under section 322B.03, subdivision 24.
(f) "Member" has the same meaning as it does under section 322B.03, subdivision 30.
(g) "Membership interest" has the same meaning as it does under section322B.03,
subdivision 31 .
(h) "Series," when used with reference to membership interests, has the same meaning as it
does under section 322B.03, subdivision 44.
History: 2004 c 199 art 14 s 23
COMPANIES.
Subdivision 1. Conversions authorized. A corporation may become a domestic limited
liability company, and a domestic limited liability company may become a corporation, in each
case pursuant to a plan of conversion.
Subd. 2. Certain definitions. (a) For purposes of sections 302A.681 to 302A.691, the words,
terms, and phrases in paragraphs (b) to (h) have the meanings given them.
(b) "Articles of organization" has the same meaning as it does under section
subdivision 6
(c) "Board of governors" has the same meaning as it does under section
7
(d) "Class," when used with reference to membership interests, has the same meaning as it
does under section 322B.03, subdivision 10.
(e) "Governor" has the same meaning as it does under section 322B.03, subdivision 24.
(f) "Member" has the same meaning as it does under section 322B.03, subdivision 30.
(g) "Membership interest" has the same meaning as it does under section
subdivision 31
(h) "Series," when used with reference to membership interests, has the same meaning as it
does under section 322B.03, subdivision 44.
History: 2004 c 199 art 14 s 23
Official Publication of the State of Minnesota
Revisor of Statutes