--- title: Minnesota LLC Landscape Changes description: Minnesota's limited liability act changed effective July 1, 2017. The changes result in the deletion of Minnesota's prior limited liability act and the enactment of the Minnesota Revised Uniform Limited Liability Company Act ('the LLC Act'). The LLC Act affects all limited liability companies formed in Minnesota prior to July 1, 2015. --- [Dan's Desk](https://www.gallatin-law.com/blog/author/dan-gallatin) - [lawyer](https://www.gallatin-law.com/blog/tag/lawyer) - [hugo](https://www.gallatin-law.com/blog/tag/hugo) - [MN](https://www.gallatin-law.com/blog/tag/mn) - [law](https://www.gallatin-law.com/blog/tag/law) - [attorney](https://www.gallatin-law.com/blog/tag/attorney) - [legal](https://www.gallatin-law.com/blog/tag/legal) [Subscribe](https://www.gallatin-law.com/blog/minnesota-llc-landscape-changes#) 07/06/2017 # Minnesota LLC Landscape Changes - - - - - [mailto:?subject=Minnesota%20LLC%20Landscape%20Changes&body=https%3A%2F%2Fwww.gallatin-law.com%2Fblog%2Fminnesota-llc-landscape-changes](mailto:?subject=Minnesota%20LLC%20Landscape%20Changes&body=https%3A%2F%2Fwww.gallatin-law.com%2Fblog%2Fminnesota-llc-landscape-changes) [Minnesota's limited liability act changed effective July 1, 2017](http://kstp.com/news/minnesota-laws-july-1-take-effect/4527920/). The changes result in the deletion of Minnesota's prior limited liability act and the enactment of the Minnesota Revised Uniform Limited Liability Company Act ("the LLC Act"). The LLC Act affects all limited liability companies formed in Minnesota prior to July 1, 2015. From my perspective, the LLC Act's two biggest day-to-day changes are; 1. Utilization of an operating agreement from a member control agreement and to using a Manager based leadership from a president. Formerly member control agreements used to codify relationships between members, authorities, succession plans, and the like. That type agreement is now moot. 2. To comport with the practices most of the rest of the country, the title Manager is now used to identify who has the authority to bind the LLC to a contract. For existing LLCs, the LLC Act forces two immediate changes. First, change the internal titles to reflect your lead person is a Manager. Second, adopt an operating agreement to reflect the relationship between members, who succeeds members, and other such issues. There no foreseeable changes to the LLC Act, so the value you recognize from making changes now should be recognized for a long time. Plus, getting up to date now can save you litigation headaches and tens of thousands of dollars in future fights. I am ready to meet with you and your ownership to prepare an operating agreement that reflects your company's structure, a better call to make than one asking for helping in a bitter dissolution fight. The material contained herein is provided for informational purposes only and is not legal advice, nor is it a substitute for obtaining legal advice from an attorney. Each situation is unique, and you should not act or rely on any information contained herein without seeking the advice of an experienced attorney. All information contained in links are the property of the linked site. - [attorney](https://www.gallatin-law.com/blog/tag/attorney), - [hugo](https://www.gallatin-law.com/blog/tag/hugo), - [LLC Act](https://www.gallatin-law.com/blog/tag/llc-act), - [LLC contract](https://www.gallatin-law.com/blog/tag/llc-contract), - [July 1 changes](https://www.gallatin-law.com/blog/tag/july-1-changes), - [law](https://www.gallatin-law.com/blog/tag/law), - [lawyer](https://www.gallatin-law.com/blog/tag/lawyer), - [legal](https://www.gallatin-law.com/blog/tag/legal), - [minnesota](https://www.gallatin-law.com/blog/tag/minnesota), - [MN](https://www.gallatin-law.com/blog/tag/mn), - [manager authority](https://www.gallatin-law.com/blog/tag/manager-authority) ![Dan Gallatin](https://www.gallatin-law.com/hubfs/assets-mjfw/site%20images/Dans-Desk.jpg) ## [Dan Gallatin](https://www.gallatin-law.com/blog/author/dan-gallatin) Dan is a lifelong resident of Minnesota. Born in St. Paul, Dan spent many of his formative years growing up there before moving to White Bear Lake. After graduating from White Bear Lake, Dan spent four glorious years at the University of Wisconsin-Madison, earning a degree in two majors. Dan worked as a Senior Investigator at the Minnesota Department of Commerce for several years after graduating from college. During his final years Dan attended William Mitchell College of Law while still working full-time. During this exhausting 3 ½ year period Dan honed his skills in becoming an efficient, to-the-point legal practitioner. While at Madison Dan met his wife, Tonya, and together they moved to Minnesota to plant their roots. Dan and Tonya have two amazing, unique children and reside in Hugo. ### CONNECT WITH ME - ## Related Posts [10/28/2015 LLCs - Minnesota Makes a Major Move Minnesota has shifted its Limited Liability Company, or LLC, legal landscape to comport with the rest of the country. Read Post ](https://www.gallatin-law.com/blog/llcs-minnesota-makes-a-major-move) [11/02/2016 LLC Operating Agreement: The Corporate Handbook Limited liability companies are splendid because of the ease of running the company and tax handling. LLCs do not, however, have any magical… Read Post ](https://www.gallatin-law.com/blog/llc-operating-agreement-the-corporate-handbook) ### Subscribe Here! ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Dan Gallatin", "url" : "https://www.gallatin-law.com/blog/author/dan-gallatin" }, "dateModified" : "2020-08-21T22:30:53.608Z", "datePublished" : "2017-07-06T05:00:00.000Z", "headline" : "Minnesota LLC Landscape Changes", "mainEntityOfPage" : { "@id" : "https://www.gallatin-law.com/blog/minnesota-llc-landscape-changes", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.gallatin-law.com/hubfs/logos/Gallatin-Logo-654x84.png" }, "name" : "Gallatin Law, PLLC" } } ```