# Minn. Stat. § 322C.0111: OPERATING AGREEMENT; EFFECT ON LIMITED LIABILITY COMPANY AND PERSONS BECOMING MEMBERS; PREFORMATION AGREEMENT

> Minnesota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0111

## Section

- **Citation:** Minn. Stat. § 322C.0111
- **Heading:** OPERATING AGREEMENT; EFFECT ON LIMITED LIABILITY COMPANY AND PERSONS BECOMING MEMBERS; PREFORMATION AGREEMENT
- **Jurisdiction:** Minnesota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MN Code / Part 300_323A / Chapter 322C / Section 322C.0111

## Text

§ Subdivision 1. Company's assent not required. A limited liability company is bound by and may enforce the operating agreement, whether or not the company has itself manifested assent to the operating agreement.

§ Subd. 2. Deemed assent by all members. A person that becomes a member of a limited liability company is deemed to assent to the operating agreement.

§ Subd. 3. Preformation agreement. Two or more persons intending to become the initial members of a limited liability company may make an agreement providing that upon the formation of the company the agreement will become the operating agreement. One person intending to become the initial member of a limited liability company may assent to terms providing that upon the formation of the company the terms will become the operating agreement.

## Nearby sections

- [Minn. Stat. § 322C.0101 § 322C.0101 CITATION.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0101.md)
- [Minn. Stat. § 322C.0102 § 322C.0102 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0102.md)
- [Minn. Stat. § 322C.0103 § 322C.0103 KNOWLEDGE; NOTICE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0103.md)
- [Minn. Stat. § 322C.0104 § 322C.0104 NATURE, PURPOSE, AND DURATION OF LIMITED LIABILITY COMPANY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0104.md)
- [Minn. Stat. § 322C.0105 § 322C.0105 POWERS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0105.md)
- [Minn. Stat. § 322C.0106 § 322C.0106 GOVERNING LAW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0106.md)
- [Minn. Stat. § 322C.0107 § 322C.0107 SUPPLEMENTAL PRINCIPLES OF LAW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0107.md)
- [Minn. Stat. § 322C.0108 § 322C.0108 LIMITED LIABILITY COMPANY NAME.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0108.md)
- [Minn. Stat. § 322C.0110 § 322C.0110 OPERATING AGREEMENT; SCOPE, FUNCTION, AND LIMITATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0110.md)
- [Minn. Stat. § 322C.0111 § 322C.0111 OPERATING AGREEMENT; EFFECT ON LIMITED LIABILITY COMPANY AND PERSONS BECOMING MEMBERS; PREFORMATION AGREEMENT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0111.md)
- [Minn. Stat. § 322C.0112 § 322C.0112 OPERATING AGREEMENT; EFFECT ON THIRD PARTIES AND RELATIONSHIP TO RECORDS EFFECTIVE ON BEHALF OF LIMITED LIABILITY COMPANY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0112.md)
- [Minn. Stat. § 322C.0113 § 322C.0113 OFFICE AND AGENT FOR SERVICE OF PROCESS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0113.md)
- [Minn. Stat. § 322C.0114 § 322C.0114 CHANGE OF REGISTERED OFFICE OR AGENT FOR SERVICE OF PROCESS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0114.md)
- [Minn. Stat. § 322C.0115 § 322C.0115 RESIGNATION OF AGENT FOR SERVICE OF PROCESS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0115.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MN_P300_323A_C322C_S322C.0111. Check the current official text before relying on it. Not legal advice.