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