An LLC is dissolved upon the occurrence of any of the following:
(1) An event causing the LLC to dissolve under the operating agreement.
(2) If the LLC never had a member, as approved by the organizers under G.S. 57D-2-20(c).
(3) If the LLC ever had a member, the 90th day after the day on which the LLC ceases to have any members, unless within that 90-day period one or more persons are admitted as a member or members by the person, including the former member, owning or otherwise controlling the ownership interest of the last member.
(4) Entry of a decree of judicial dissolution under G.S. 57D-6-05.
(5) Subject to G.S. 57D-6-06(c), the filing by the Secretary of State of a certificate of dissolution under G.S. 57D-6-06. (2013-157, s. 2.)
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Last modified: March 23, 2014