State Codes and Statutes

Statutes > Maine > Title31 > Title31ch13sec0-1 > Title31sec701-1

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 9: DISSOLUTION

§701. Nonjudicial dissolution

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

A limited liability company is dissolved and its affairs are wound up upon the first to occur of the following: [1993, c. 718, Pt. A, §1 (NEW).]

1. Specified time or event. At the time or upon the happening of events specified in a limited liability company operating agreement or articles of organization;

[ 1993, c. 718, Pt. A, §1 (NEW) .]

2. Consent. Written consent of all members; or

[ 1997, c. 633, §17 (AMD) .]

3. Withdrawal of a member.

[ 1997, c. 633, §18 (RP) .]

4. Judicial dissolution. Entry of decree of judicial dissolution under section 702.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 1997, c. 633, §§17,18 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).

State Codes and Statutes

Statutes > Maine > Title31 > Title31ch13sec0-1 > Title31sec701-1

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 9: DISSOLUTION

§701. Nonjudicial dissolution

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

A limited liability company is dissolved and its affairs are wound up upon the first to occur of the following: [1993, c. 718, Pt. A, §1 (NEW).]

1. Specified time or event. At the time or upon the happening of events specified in a limited liability company operating agreement or articles of organization;

[ 1993, c. 718, Pt. A, §1 (NEW) .]

2. Consent. Written consent of all members; or

[ 1997, c. 633, §17 (AMD) .]

3. Withdrawal of a member.

[ 1997, c. 633, §18 (RP) .]

4. Judicial dissolution. Entry of decree of judicial dissolution under section 702.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 1997, c. 633, §§17,18 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).


State Codes and Statutes

State Codes and Statutes

Statutes > Maine > Title31 > Title31ch13sec0-1 > Title31sec701-1

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 9: DISSOLUTION

§701. Nonjudicial dissolution

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

A limited liability company is dissolved and its affairs are wound up upon the first to occur of the following: [1993, c. 718, Pt. A, §1 (NEW).]

1. Specified time or event. At the time or upon the happening of events specified in a limited liability company operating agreement or articles of organization;

[ 1993, c. 718, Pt. A, §1 (NEW) .]

2. Consent. Written consent of all members; or

[ 1997, c. 633, §17 (AMD) .]

3. Withdrawal of a member.

[ 1997, c. 633, §18 (RP) .]

4. Judicial dissolution. Entry of decree of judicial dissolution under section 702.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 1997, c. 633, §§17,18 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).