• Unincorporated Business Associations – 6049

Credits

3

Prerequisites

LAW 6012/6072 Corporations or LAW 6051 Business Associations/Corporations

Grad. Requirements

Experiential Learning
Upper Division Legal Writing

Subject Area

Business Law *
Corporate Law
  • Student Year
    Upper Division
    Grade base
    A - F
    Course type
    Lecture

This course introduces students to the main features of leading forms of unincorporated business associations, including limited liability companies (LLCs), partnerships, limited partnerships, and limited liability partnerships. Topics covered include authority and management structure, fiduciary duty, financial rights, transfer rights, and dissociation and dissolution. The course is structured around a series of exercises in which students negotiate, draft, and analyze the governing agreement for a simulated LLC. The course is strongly recommended for students who have taken the 1L Corporations elective.

Contact Information

University of Minnesota Law School

Walter F. Mondale Hall | 229 19th Avenue South | Minneapolis, MN 55455

P: 612-625-1000

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