SECTION 605.0701. Events causing dissolution.

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1A limited liability company is dissolved and its activities and affairs must be wound up upon the occurrence of the following:
22(1) 23An event or circumstance that the operating agreement states causes dissolution.
34(2) 35The consent of all the members.
41(3) 42The passage of 90 consecutive days during which the company has no members, unless:
56(a) 57Consent to admit at least one specified person as a member is given by transferees owning the rights to receive a majority of distributions as transferees at the time the consent is to be effective; and
93(b) 94At least one person becomes a member in accordance with the consent.
106(4) 107The entry of a decree of judicial dissolution in accordance with s. 119605.0705120.
121(5) 122The filing of a statement of administrative dissolution by the department pursuant to s. 136605.0714137.

History.-s. 2, ch. 2013-180.

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