(1) All or part of this chapter may be amended or repealed at any time and all domestic and foreign limited liability companies subject to this chapter shall be governed by the amendment or repeal.
(2) The amendment or repeal of a statute in this chapter does not affect:
(a) The operation of the statute or any action taken under the statute before its amendment or repeal.
(b) Any ratification, right, remedy, privilege, obligation or liability acquired, accrued or incurred under the statute before its amendment or repeal.
(c) Any violation of the statute, or any penalty, forfeiture or punishment incurred because of the violation, before its amendment or repeal.
(d) Any proceeding, reorganization or dissolution commenced under the statute before its amendment or repeal. The proceeding, reorganization or dissolution may be completed in accordance with the statute as if it had not been amended or repealed. [2001 c.315 §50]
Section: Previous 63.741 63.744 63.747 63.771 63.777 63.781 63.784 63.787 63.801 63.810 63.951 63.955 63.960 63.965 63.990 NextLast modified: August 7, 2008