California Corporations Code

§ 17707.01

CORP § 17707.01 Effective Jan 1, 2017Title 2.6 · Art. 7

Statute text

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 happening of an event set forth in a written operating agreement or the articles of organization.

(b)By the vote of 50 percent or more of the voting interests of the members of the limited liability company or a greater percentage of the voting interests of members as may be specified in the articles of organization, or a written operating agreement.

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Legislative history

Amended by Stats. 2016, Ch. 66, Sec. 1. (AB 1722) Effective January 1, 2017.