{"id":5322,"date":"2017-04-26T10:30:28","date_gmt":"2017-04-26T16:30:28","guid":{"rendered":"http:\/\/bgs.com\/?p=5322"},"modified":"2017-04-26T10:30:28","modified_gmt":"2017-04-26T16:30:28","slug":"limited-liability-companies-and-a-new-minnesota-statute","status":"publish","type":"post","link":"https:\/\/www.bgs.com\/blog\/2017\/04\/26\/limited-liability-companies-and-a-new-minnesota-statute\/","title":{"rendered":"Limited Liability Companies and a New Minnesota Statute"},"content":{"rendered":"<p>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.<br \/>\n&nbsp;<br \/>\nIf you would like more information, call <a href=\"https:\/\/bgs.com\/professional-staff\/attorneys\/ganter-jr-daniel-d\/\">Dan Ganter<\/a> at 763-783-5127.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"coauthors":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Limited Liability Companies and a New Minnesota Statute - Barna, Guzy &amp; Steffen, LTD.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bgs.com\/blog\/2017\/04\/26\/limited-liability-companies-and-a-new-minnesota-statute\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Limited Liability Companies and a New Minnesota Statute - Barna, Guzy &amp; Steffen, LTD.\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bgs.com\/blog\/2017\/04\/26\/limited-liability-companies-and-a-new-minnesota-statute\/\" \/>\n<meta property=\"og:site_name\" content=\"Barna, Guzy &amp; Steffen, LTD.\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-26T16:30:28+00:00\" \/>\n<meta name=\"author\" content=\"Daniel D. 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