§ 48-2c-1201. Events of dissolution.

Latest version.

A company organized under this chapter shall be dissolved upon the occurrence of any of the following events:

(1) when the period fixed for the duration of the company, pursuant to Subsection 48-2c-403(4)(c) or (5), expires;

(2) at such times as the company fails to have at least one member;

(3) by written agreement signed by all members;

(4) upon the occurrence of a dissolution event specified in the articles of organization or operating agreement;

(5) upon administrative dissolution under Section 48-2c-1207, subject to right of reinstatement under Section 48-2c-1208; or

(6) upon entry of a decree of judicial dissolution under Section 48-2c-1213.

Amended by Chapter 141, 2005 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');