322B.165 EFFECT OF AMENDMENT.
Subdivision 1.
Effect on cause of action. An amendment does not affect an existing cause of
action in favor of or against the limited liability company, nor a pending suit to which the limited
liability company is a party, nor the existing rights of persons other than members.
Subd. 2.
Effect of change of name. If the limited liability company name is changed by
the amendment, a suit brought by or against the limited liability company under its former name
does not abate for that reason.
Subd. 3.
Effect of amendments restating articles. When effective under section
322B.175,
an amendment restating the articles of organization in their entirety supersedes the original articles
of organization and all amendments to the original articles of organization.
History: 1992 c 517 art 2 s 17