California Corporations Code ARTICLE 7 - Dissolution and Winding Up

  • Section 17707.01.
    A limited liability company is dissolved, and its activities shall be wound up, upon the happening of the first to occur of the following:(a) On the...
  • Section 17707.02.
    (a) Notwithstanding any other provision of this title, if a domestic limited liability company has not conducted any business, 50 percent or more of the voting...
  • Section 17707.03.
    (a) Pursuant to an action filed by any manager or by any member or members of a limited liability company, a court of competent jurisdiction may...
  • Section 17707.04.
    In the event of a dissolution of a limited liability company all of the following apply:(a) The managers who have not wrongfully dissolved the limited liability...
  • Section 17707.05.
    (a) Except as otherwise provided in the articles of organization or the written operating agreement, after determining that all the known debts and liabilities of a...
  • Section 17707.06.
    (a) A limited liability company that has filed a certificate of cancellation nevertheless continues to exist for the purpose of winding up its affairs, prosecuting and...
  • Section 17707.07.
    (a) (1) Causes of action against a dissolved limited liability company, whether arising before or after the dissolution of the limited liability company, may be enforced against...
  • Section 17707.08.
    (a) (1) The managers shall sign and cause to be filed in the office of, and on a form prescribed by, the Secretary of State, a certificate...
  • Section 17707.09.
    (a) Notwithstanding the filing of a certificate of dissolution, a majority of the members may cause to be filed, in the office of, and on a...

Last modified: October 22, 2018