Acts Triggering Dissolution

A limited liability company is dissolved upon the happening of any one of the following events:

  • When the company expires (according to the time fixed in the articles of organization)
  • When the company fails to maintain at least one (1) member
  • Written consent signed by all members
  • Event specified in the articles of organization or operating agreement
  • Upon merger or consolidation of 2 or more companies, when the LLC is not the successor company
  • Administrative dissolution
  • Entry of a court order