§57D-6-01. Dissolution

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An LLC is dissolved upon the occurrence of any of the following:

(1)        An event causing the LLC to dissolve under the operating agreement.

(2)        If the LLC never had a member, as approved by the organizers under G.S. 57D-2-20(c).

(3)        If the LLC ever had a member, the 90th day after the day on which the LLC ceases to have any members, unless within that 90-day period one or more persons are admitted as a member or members by the person, including the former member, owning or otherwise controlling the ownership interest of the last member.

(4)        Entry of a decree of judicial dissolution under G.S. 57D-6-05.

(5)        Subject to G.S. 57D-6-06(c), the filing by the Secretary of State of a certificate of dissolution under G.S. 57D-6-06.

(2013-157, s. 2.)

                    
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