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New Jersey LLC Dissolution

Acts Triggering Dissolution

A LLC is dissolved upon the happening of any one of the following events:

  • 30 years from date of formation if no time for dissolution is specified in the operating agreement
  • At a time specified in writing in the operating agreement
  • Upon the occurrence of event specified in writing in the operating agreement
  • Upon the written consent of all members, including the written consent of the sole member of a LLC with only one member
  • When there is no longer at least one member unless at least one new member is admitted within 90 days
  • Upon entry of a court order

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