New York Limited Liability Company Law Article 7 - DISSOLUTION

  • 701 - Dissolution.
    (a) A limited liability company is dissolved and its affairs shall be wound up upon the first to occur of the following: (1) the latest...
  • 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...
  • 703 - Winding Up.
    (a) In the event of a dissolution of a limited liability company, except for a dissolution pursuant to section seven hundred two of this article,...
  • 704 - Distribution of Assets.
    Upon the winding up of a limited liability company, the assets shall be distributed as follows: (a) to creditors, including members who are creditors, to...
  • 705 - Articles of Dissolution.
    (a) Within ninety days following the dissolution and the commencement of winding up of the limited liability company, or at any other time after the...

Last modified: February 3, 2019