§ 48-2c-710. Expulsion of a member.

Latest version.

A member of a company may be expelled:

(1)	as provided in the company's operating agreement;

(2)	by unanimous vote of the other members if it is unlawful to carry on the company's business with the member; or

(3)

on application by the company or another member, by judicial determination that the member:

(a)	has engaged in wrongful conduct that adversely and materially affected the company's business;

(b)	has willfully or persistently committed a material breach of the articles of organization or operating agreement or of a duty owed to the company or to the other members under Section 48-2c-807; or

(c)	has engaged in conduct relating to the company's business which makes it not reasonably practicable to carry on the business with the member.

Enacted by Chapter 260, 2001 General Session

                    
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