Section 10-32.1-04 - Knowledge and notice1. A person knows a fact when the person:a. Has actual knowledge of it; orb. Is deemed to know it under subdivision a of subsection 4, or law other than this chapter.2. A person has notice of a fact when the person:a. Has reason to know the fact from all of the facts known to the person at the time in question; orb. Is deemed to have notice of the fact under subdivision b of subsection 4.3. A person notifies another of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person knows the fact.4. A person that is not a member is deemed: a. To know of a limitation on authority to transfer real property as provided in subsection 7 of section 10-32.1-24; andb. To have notice of: (1) The dissolution of a limited liability company, ninety days after a notice of dissolution under paragraph 1 of subdivision b of subsection 2 of section 10-32.1-51, becomes effective;(2) The termination of a limited liability company, ninety days after the articles of dissolution and termination under paragraph 6 of subdivision b of subsection 2 of section 10-32.1-51, becomes effective; and(3) The merger, conversion, or domestication of a limited liability company, ninety days after the articles of merger, conversion, or domestication under sections 10-32.1-67 through 10-32.1-71 becomes effective.Added by S.L. 2015, ch. 87 (HB 1136),§ 19, eff. 7/1/2015.