Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 322C.0104: NATURE, PURPOSE, AND DURATION OF LIMITED LIABILITY COMPANY.

Where this section sits in the code

BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
CHAPTER 322C. MINNESOTA REVISED UNIFORM LIMITED LIABILITY COMPANY
GENERAL PROVISIONS

Subdivision 1. Separate entity.

A limited liability company is an entity distinct from its members.

Subd. 2. Permitted purposes.

Except for a nonprofit limited liability company subject to section 322C.1101, which must comply with that section, a limited liability company may have any lawful purpose.

Subd. 3. Duration.

A limited liability company has perpetual duration.

Collected 2026-09-02T22:10:42Z. Source file · JSON

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