District Of Columbia § 29-807.01 - Events causing dissolution.
Full text of District Of Columbia D.C. Code § 29-807.01 — Events causing dissolution., with citation guidance and answers to common questions.
§ 29-807.01. Events causing dissolution.
29-807.01A limited liability company is dissolved, and its activities and affairs shall be wound up, upon the occurrence of any of the following:
An event or circumstance that the operating agreement states causes dissolution;
The consent of all the members;
The passage of 90 consecutive days during which the company has no members, unless:
Consent to admit at least one specified person as a member is given by transferees owning the rights to receive a majority of distributions as transferees at the time the consent is to be effective; and
At least one person becomes a member in accordance with the consent;
On application by a member, the entry by Superior Court of an order dissolving the company on the grounds that:
The conduct of all or substantially all of the company’s activities and affairs is unlawful; or
It is not reasonably practicable to carry on the company’s activities and affairs in conformity with the certificate of organization and the operating agreement.
On application by a member, the entry by Superior Court of an order dissolving the company on the grounds that the managers or those members in control of the company:
Have acted, are acting, or will act in a manner that is illegal or fraudulent; or
Have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applicant.
The signing and filing of a statement of administrative dissolution by the Mayor under .
In a proceeding brought under subsection (a)(5) of this section, the Superior Court may order a remedy other than dissolution.
Annotations
Application of Law 19-210: Section 7 of provided that the act shall apply as of January 1, 2012.
Uniform Law: This section is based on § 701 of the Uniform Limited Company Act (2006 Act).
Frequently Asked Questions About District Of Columbia § 29-807.01
What does D.C. Code § 29-807.01 cover?
Section 29-807.01 ("Events causing dissolution.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 29-807.01?
A common citation format is "D.C. Code § 29-807.01" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 29-807.01 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.