New Hampshire Revised Statutes 304-C:129 – Events of Dissolution-In General
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A limited liability company shall be dissolved and its business and other activities and its internal affairs shall be wound up upon the first to occur of the events set forth in this section. The effective date of each such dissolution shall be as set as follows:
I. A limited liability company shall be dissolved as provided in the operating agreement. The effective date of the dissolution shall be the date of occurrence of the event or circumstance causing the dissolution under the operating agreement.
II. Unless the operating agreement provides otherwise, a limited liability company shall be dissolved by majority vote of the members. The vote shall be in writing and shall specify the effective date of the dissolution. If there is no such writing, the effective date of the dissolution shall be the date of the vote.
III. A limited liability company shall be dissolved if a court of competent jurisdiction enters a final decree of judicial dissolution under N.H. Rev. Stat. § 304-C:134 or N.H. Rev. Stat. § 304-C:135. The decree shall specify the effective date of the dissolution.
IV. A limited liability company shall be dissolved if the New Hampshire secretary of state issues a notice of administrative dissolution under N.H. Rev. Stat. § 304-C:136. The notice of administrative dissolution shall specify the effective date of the dissolution.
I. A limited liability company shall be dissolved as provided in the operating agreement. The effective date of the dissolution shall be the date of occurrence of the event or circumstance causing the dissolution under the operating agreement.
Terms Used In New Hampshire Revised Statutes 304-C:129
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. Unless the operating agreement provides otherwise, a limited liability company shall be dissolved by majority vote of the members. The vote shall be in writing and shall specify the effective date of the dissolution. If there is no such writing, the effective date of the dissolution shall be the date of the vote.
III. A limited liability company shall be dissolved if a court of competent jurisdiction enters a final decree of judicial dissolution under N.H. Rev. Stat. § 304-C:134 or N.H. Rev. Stat. § 304-C:135. The decree shall specify the effective date of the dissolution.
IV. A limited liability company shall be dissolved if the New Hampshire secretary of state issues a notice of administrative dissolution under N.H. Rev. Stat. § 304-C:136. The notice of administrative dissolution shall specify the effective date of the dissolution.