2014 Minnesota Statutes

322B.853 DECREE OF TERMINATION.

Subdivision 1.When entered.

If the court has ordered a dissolution, or the court has intervened under section 322B.833, subdivision 1, clause (1), or has ordered or caused a dissolution under any other provision of that subdivision, then after the affairs of the dissolved limited liability company have been appropriately wound up the court shall enter a decree terminating the dissolved limited liability company.

Subd. 2.Effective date.

When the decree terminating the limited liability company has been entered, the limited liability company is terminated.

History:

1992 c 517 art 2 s 120

NOTE: This chapter is repealed by Laws 2014, chapter 157, article 1, section 91, effective January 1, 2018.