Chapter 13: LIMITED LIABILITY COMPANIES ENACTED BY PL 1993, C. 718, PT. A, §1
Subchapter 9: DISSOLUTION ENACTED BY PL 1993, C. 718, PT. A, §1
§701. Nonjudicial dissolution
A limited liability company is dissolved and its affairs are wound up upon the first to occur of the following: [1993, c. 718, Pt. A, §1 (NEW).]
1.Specified time or event. At the time or upon the happening of events specified in a limited liability company operating agreement or articles of
organization;
[
1993, c. 718, Pt. A, §1 (NEW)
.]
2.Consent. Written consent of all members; or
[
1997, c. 633, §17 (AMD)
.]
3.Withdrawal of a member.
[
1997, c. 633, §18 (RP)
.]
4.Judicial dissolution. Entry of decree of judicial dissolution under section 702.
[
1993, c. 718, Pt. A, §1 (NEW)
.]
SECTION HISTORY
1993, c. 718, §A1 (NEW).
1997, c. 633, §§17,18 (AMD).
Data for this page extracted on 10/14/2009 10:53:53.