§ 23-18-9-4 — Entities entitled to wind up company's business or affairs

Indiana § 23-18-9-4

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

Text

Unless otherwise provided in a written
operating agreement, the following may wind up the business or affairs
of the limited liability company:
(1) The members or managers with authority to manage the
limited liability company under IC 23-18-4-1.
(2) If a member or manager has engaged in wrongful conduct or
upon other cause shown, the circuit or superior court of:
(A) the county in which the limited liability company's
principal office is located; or
(B) if there is none in Indiana the county in which its registered
office is located;
on application by a member or the member's legal representative
or assignee.

Legislative History

As added by P.L.8-1993, SEC.301.