Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 702
Judicial dissolution
Limited Liability Company Law (LLC) CHAPTER 34, ARTICLE 7
§ 702. Judicial dissolution. On application by or for a member, the
supreme court in the judicial district in which the office of the
limited liability company is located may decree dissolution of a limited
liability company whenever it is not reasonably practicable to carry on
the business in conformity with the articles of organization or
operating agreement. A certified copy of the order of dissolution shall
be filed by the applicant with the department of state within thirty
days of its issuance.