1. A. The articles of organization shall set forth:

   1. 1. The name of the limited liability company;
   2. 2. The term of the existence of the limited liability company which may be perpetual; and
   3. 3. The street address of its principal place of business, wherever located, and the name and street address of its resident agent which shall be identical to its registered office in this state.
2. B. If the limited liability company is to establish two or more series of members, managers or membership interests having separate rights, powers or duties as provided under Section 50 of this act and the debts, liabilities and obligations incurred, contracted for or otherwise existing with respect to a particular series are to be enforceable against the assets of the series only, the articles of organization shall set forth a notice of the limitation on liabilities of the series.
3. C. The articles of organization may set forth any other matters the members determine to include. It is not necessary to set out in the articles of organization any of the powers enumerated in this act.

Laws 1992, SB 456, c. 148, § 6, eff. September 1, 1992; Amended by Laws 1993, SB 527, c. 366, § 3, eff. September 1, 1993; Amended by Laws 1997, SB 432, c. 145, § 3, eff. November 1, 1997 (superseded document available); Amended by Laws 1999, SB 684, c. 421, § 24, eff. November 1, 1999 (superseded document available); Amended by Laws 2004, SB 1511, c. 255, § 34, eff. November 1, 2004 (superseded document available).