The articles of organization shall set forth:

A. a name for the limited liability company that satisfies the requirements of Section 53-19-3 NMSA 1978;

B. the street address of the initial registered office and the name of the initial registered agent at that address and the street address of the limited liability company's current principal place of business, if different from the address of its registered office;

C. the period of duration, if other than perpetual;

D. if management of the limited liability company is vested to any extent in a manager, a statement to that effect;

E. if the limited liability company may carry on its business and affairs as a single member limited liability company, a statement to that effect; and

F. any other provision that the persons signing the articles choose to include in the articles, including provisions for the regulation of the internal affairs of the limited liability company.

History: Laws 1993, ch. 280, § 8; 1999, ch. 132, § 2; 2003, ch. 318, § 51.

The 2003 amendment, effective July 1, 2003, in Subsection B, inserted "initial" preceding "registered" twice, inserted "at that address" preceding "and the street"; rewrote Subsection C; deleted "and of the extent to which management is so vested" at the end of Subsection D; in Subsection E, inserted "may carry on its business and affairs as" preceding "a single member", inserted "a statement to that effect" near the end.

The 1999 amendment, effective July 1, 1999, substituted "Section 53-19-3 NMSA 1978" for "Section 3 of the Limited Liability Company Act" in Subsection A, added Subsection E, and redesignated former Subsection E as Subsection F.