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New York Limited Liability Company Law Section 702 - Judicial Dissolution.

Legal Research Home > New York Lawyer > Limited Liability Company > New York Limited Liability Company Law Section 702 - Judicial Dissolution.

    § 702.  Judicial  dissolution. On application by or for a member, the
  supreme court in the judicial  district  in  which  the  office  of  the
  limited liability company is located may decree dissolution of a limited
  liability  company whenever it is not reasonably practicable to carry on
  the  business  in  conformity  with  the  articles  of  organization  or
  operating  agreement. A certified copy of the order of dissolution shall
  be filed by the applicant with the department  of  state  within  thirty
  days of its issuance.

Last modified: August 10, 2006