Rhode Island LLC Dissolution

Acts Triggering Dissolution

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

  • Expiration of the duration of the LLC as specified in the articles of organization
  • Event specified in the articles or operating agreement
  • By action of all members
  • The death, retirement, resignation, expulsion, bankruptcy, dissolution of a member, unless otherwise provided in the articles or a written operating agreement
  • Event that terminates the membership of the last member, unless within 90 days the successors in interest and any assignees agree in writing to admit at least one (1) member to continue the business of the LLC
  • On the written consent of a majority of the capital values of the remaining members after the death, withdrawal, expulsion, bankruptcy, or dissolution of a member, or the occurrence of any other event that terminates the continued membership of a member in the limited liability company, unless otherwise provided in the articles of organization or a written operating agreement
  • Entry of a court order

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