Section 347.137

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 347

Effective - 28 Aug 2000, 2 histories, see footnote   (history) 

  347.137.  Dissolution of company, events — notice of winding up. — 1. A domestic limited liability company shall be dissolved upon the occurrence of any of the following:

  (1) Upon the happening of the events specified in the operating agreement or in the articles of organization;

  (2) Upon the written consent of all members;

  (3) Except as otherwise provided in the operating agreement, an event of withdrawal of a member, if a majority, by number, of the remaining members agree within ninety days after the occurrence of the event of withdrawal to dissolve the limited liability company;

  (4) An event of withdrawal with respect to the sole remaining member;

  (5) Entry of a decree of dissolution under section 347.143; or

  (6) When the limited liability company is not the surviving entity in a merger or consolidation.

  2. As soon as possible following the occurrence of any of the events specified in subdivisions (1) to (4) of subsection 1 of this section effecting the dissolution of the limited liability company, the limited liability company shall file a notice of winding up with the secretary which discloses the dissolution of the limited liability company and the commencement of winding up of its business and affairs.

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(L. 1993 S.B. 66 & 20 § 359.786, A.L. 1997 H.B. 655 merged with S.B. 170, A.L. 2000 S.B. 896)