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17-76,148. Statutory public benefit limited liability companies; applicable law; how formed. K.S.A. 2019 Supp. 17-76,148 through 17-76,155, and amendments thereto, apply to all statutory public benefit limited liability companies, as defined in K.S.A. 2019 Supp. 17-76,149, and amendments thereto. If a limited liability company elects to become a statutory public benefit limited liability company under K.S.A. 2019 Supp. 17-76,148 through 17-76,155, and amendments thereto, in the manner prescribed in K.S.A. 2019 Supp. 17-76,148 through 17-76,155, and amendments thereto, it shall be subject in all respects to the provisions of the Kansas revised limited liability company act, except to the extent K.S.A. 2019 Supp. 17-76,148 through 17-76,155, and amendments thereto, impose additional or different requirements, such requirements shall apply and notwithstanding K.S.A. 17-76,134, and amendments thereto, or any other provision of the Kansas revised limited liability company act, such requirements imposed by K.S.A. 2019 Supp. 17-76,148 through 17-76,155, and amendments thereto, may not be altered in the operating agreement.

History: L. 2019, ch. 47, ยง 5; July 1.


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