- (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.
- (b) Unless a delayed effective date is specified, the existence of a limited liability company begins when the articles of organization are filed.
- (c) The filing of the articles of organization by the Secretary of State is conclusive proof that the organizers satisfied all conditions precedent to the creation of a limited liability company.
HISTORY: 1996 Act No. 343, Section 2.