liability company. 1. A transfer of an interest in real estate situated in this state held by a limited liability company or a registered foreign limited liability company authorized to do business in this state issubject to the provisions of this section. 2. a. In a member-managed limited liability company, a transfer of an interest in real estate held by the company may be undertaken by any of the following: (1) As provided in the operating agreement, or if the operating agreement does not so provide, only with the consent of all members. (2) As provided in a statement of authority filed by the limited liability company with the secretary of state and the recorder of the county where the real estate issituated pursuant to section 489.302. b. A requirement of paragraph “a” isapplicable to every transfer of an interest in real estate situated in this state held by a member-managed limited liabilitycompany, whether or not the transfer is in the ordinary course of the company’s business. 3. a. In a manager-managed limited liability company, a transfer of an interest in real estate held by the company may be undertaken by any of the following: (1) As provided in the operating agreement, or if the operating agreement does not so provide, only with the consent of a majority of all managers. (2) As provided in a statement of authority filed by the limited liability company with the secretary of state and the recorder of the county where the real estate issituated pursuant to section 489.302. b. A requirement in paragraph “a” is applicable to every transfer of an interest in real estate situated in this state held by a manager-managed limited liabilitycompany, whether or not the transfer is in the ordinary course of the company’s business.
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