California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 2.5. LIMITED LIABILITY COMPANIES |
Chapter 8. Dissolution |
Section 17350.
Latest version.
-
A limited liability company shall be dissolved and its affairs shall be wound up upon the happening of the first to occur of the following:
(a) At the time specified in the articles of organization, if any, or upon the happening of the events, if any, specified in the articles of organization or a written operating agreement.
(b) By the vote of a majority in interest of the members, or a greater percentage of the voting interests of members as may be specified in the articles of organization or a written operating agreement.
(c) Entry of a decree of judicial dissolution pursuant to Section 17351.
(Amended by Stats. 1998, Ch. 243, Sec. 5. Effective January 1, 1999. Repealed as of January 1, 2014, pursuant to Section 17657. Thereafter, see Title 2.6, commencing with Section 17701.01.)