Indiana § 23-18-9-1 Circumstances requiring dissolution; companies existing on or before
June 30, 1999

Indiana Statutes

§ 23-18-9-1 — Circumstances requiring dissolution; companies existing on or before June 30, 1999

Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 18 LIMITED LIABILITY COMPANIES·Ch. 9 Voluntary Dissolution

(a)Unless otherwise provided in a written operating agreement, a limited liability company existing under this article on or before June 30, 1999, is governed by this section.

(b)A limited liability company is dissolved and its affairs must be wound up on the first of the following to occur:

(1)At the time or on the occurrence of events specified in writing in the articles of organization or operating agreement.

(2)Written consent of all the members.

(3)Except as provided in IC 23-18-6-4(c), upon the death of the member of a limited liability company that had one (1) member, an event of dissociation occurs with respect to a member, unless the business of the limited liability company is continued by the consent of all the remaining members not more than ninety (90) days after the occu

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(a) Unless otherwise provided in a written
operating agreement, a limited liability company existing under this
article on or before June 30, 1999, is governed by this section.
(b) A limited liability company is dissolved and its affairs must be
wound up on the first of the following to occur:
(1) At the time or on the occurrence of events specified in writing
in the articles of organization or operating agreement.
(2) Written consent of all the members.
(3) Except as provided in IC 23-18-6-4(c), upon the death of the
member of a limited liability company that had one (1) member,
an event of dissociation occurs with respect to a member, unless
the business of the limited liability company is continued by the
consent of all the remaining members not more than ninety (90)
days after the occurrence of the event or as otherwise provided in
writing in the articles of organization or operating agreement.
(4) Entry of a decree of judicial dissolution under section 2 of this
chapter.

Indiana § 23-18-9-1 (Circumstances requiring dissolution; companies existing on or before June 30, 1999) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.