§ 4A-901. Dissolution

Latest version.

(a) Description of change. -- The dissolution of a limited liability company is a change in the relationship between the members, not the winding up or the termination of the limited liability company.

(b) Continuation of entity. -- On dissolution, the limited liability company is not terminated but continues until terminated in accordance with § 4A-908 of this subtitle.

HISTORY: 1992, ch. 536; 1997, ch. 659, § 1.

                    
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