Posts tagged "Corporate"

In case you missed it ... the new LLC law is now in effect!

You may have seen or heard something near the end of 2017 about a "new law" or "big changes" impacting Minnesota limited liability companies (LLCs). You may have even received an email or letter from the Minnesota Secretary of State about it. Well, in case you dismissed the news or weren't paying attention, on January 1, 2018, Minnesota adopted a brand-new set of laws governing LLCs that were formed before August 1, 2015. This is not a small change, as the entire chapter is being replaced. More importantly, all the laws that your old LLC were governed by have now changed.

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