Section 322B.348 Contractual Requirement to Submit Matter to Members

322B.348 CONTRACTUAL REQUIREMENT TO SUBMIT MATTER TO MEMBERS.

A limited liability company may agree to submit a matter to its members whether or not the board determines, at any time after approving the matter, that the matter is no longer advisable and recommends that members reject it.

History:

2006 c 250 art 2 s 16