Section 79-29-1305 - Early adoption of this chapter by existing limited liability companyA domestic limited liability company formed before January 1, 2011, may voluntarily elect to adopt and become subject to this chapter by:
(a) Adopting the chapter by complying with the procedures for approval, under prior law and its organizational documents, of an amendment to its certificate of formation;(b) Amending any noncomplying organizational documents to comply with this chapter if any of its organizational documents, including its certificate of formation, do not comply with this chapter by complying with the procedures, under prior law and its organizational documents, to amend the noncomplying organizational documents to comply with this chapter, including filing with the Secretary of State in accordance with Section 79-29-203 a certificate of amendment to cause its certificate of formation to comply with this chapter; and(c) Filing with the Secretary of State in accordance with Section 79-29-203 a statement that the domestic limited liability company is electing to adopt this chapter. Laws, 2010, ch. 532, § 1, eff. 1/1/2011.