31 §621. Formation (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 2: FORMATION ENACTED BY PL 1993, C. 718, PT. A, §1

§621. Formation

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

One or more persons may form a limited liability company by signing and filing articles of organization with the Secretary of State. The person or persons need not be members of the limited liability company at the time of formation or after formation has occurred. The minimum number of members for a limited liability company created under this Act is one. [1997, c. 633, §10 (AMD).]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 1997, c. 633, §10 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).