Montana Statutes

§ 35-8-915 — Ambiguity In Operating Agreement Regarding Dissolution

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 8 MONTANA LIMITED LIABILITY COMPANY ACT·Part 9 Dissolution
35-8-915 . Ambiguity in operating agreement regarding dissolution. If there is an ambiguity in an operating agreement between a construction in favor of maintaining the existence of a limited liability company or in favor of the dissolution of a limited liability company, the operating agreement must be construed in favor of maintaining the existence of the limited liability company.

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Legislative History

En. Sec. 3, Ch. 749, L. 2025.

Nearby Sections

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