The law of this state governs:

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Terms Used In Minnesota Statutes 322C.0106

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44

(1) the internal affairs of a limited liability company; and

(2) the liability of a member as member, a manager as manager, and a governor as governor, for the debts, obligations, or other liabilities of a limited liability company.