{"version":"1.0","provider_name":"Barna, Guzy &amp; Steffen, LTD.","provider_url":"https:\/\/www.bgs.com\/blog","author_name":"Daniel D. Ganter, Jr.","author_url":"https:\/\/www.bgs.com\/blog\/author\/dganterbgs-com\/","title":"Limited Liability Companies and a New Minnesota Statute - Barna, Guzy &amp; Steffen, LTD.","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"a2PmfurRaO\"><a href=\"https:\/\/www.bgs.com\/blog\/2017\/04\/26\/limited-liability-companies-and-a-new-minnesota-statute\/\">Limited Liability Companies and a New Minnesota Statute<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.bgs.com\/blog\/2017\/04\/26\/limited-liability-companies-and-a-new-minnesota-statute\/embed\/#?secret=a2PmfurRaO\" width=\"600\" height=\"338\" title=\"&#8220;Limited Liability Companies and a New Minnesota Statute&#8221; &#8212; Barna, Guzy &amp; Steffen, LTD.\" data-secret=\"a2PmfurRaO\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/*! This file is auto-generated *\/\n!function(c,d){\"use strict\";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(\/[^a-zA-Z0-9]\/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=new RegExp(\"^https?:$\",\"i\"),l=0;l<n.length;l++)n[l].style.display=\"none\";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if(\"link\"===t.message)if(s=d.createElement(\"a\"),a=d.createElement(\"a\"),s.href=r.getAttribute(\"src\"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute(\"data-secret\")))r=Math.random().toString(36).substr(2,10),t.src+=\"#?secret=\"+r,t.setAttribute(\"data-secret\",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute(\"security\"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:\"ready\",secret:r},\"*\")}}}}(window,document);\n<\/script>\n","description":"The Minnesota legislature has adopted a new statute governing limited liability companies, Minnesota Statutes Chapter 322C.\u00a0 On January 1, 2018, all 322B LLC\u2019s will be automatically converted to 322C LLC\u2019s.\u00a0 This conversion could result in significant inconsistencies in the LLC governing documents which could cause problems in the future.\u00a0 Therefore, we are advising all 322B LLC\u2019s to amend their Articles of Organization and adopt Operating Agreements which would avoid any inconsistencies. &nbsp; If you would like more information, call Dan Ganter at 763-783-5127."}