New Hampshire § 304-C-132 - Section 304-C:132 Non-Dissolution of Limited Liability Company Upon Member Dissociation.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 304-C-132 — Section 304-C:132 Non-Dissolution of Limited Liability Company Upon Member Dissociation., with citation guidance and answers to common questions.
§ 304-C-132. Section 304-C:132 Non-Dissolution of Limited Liability Company Upon Member Dissociation.
I. Unless the operating agreement provides otherwise and except as provided in paragraph II: (a) The death, withdrawal, expulsion, bankruptcy, or dissolution of any member or the occurrence of any other event whose occurrence causes the dissociation of the member shall not cause the limited liability company to be dissolved or its internal affairs to be wound up; and (b) Upon the occurrence of any such event, the limited liability company shall be continued without dissolution. II. The resignation of the last remaining member of a limited liability company shall terminate the limited liability company's existence as an entity.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 304-C-132
What does New Hampshire Revised Statutes Annotated § 304-C-132 cover?
Section 304-C-132 ("Section 304-C:132 Non-Dissolution of Limited Liability Company Upon Member Dissociation.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. 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 New Hampshire § 304-C-132?
A common citation format is "New Hampshire Revised Statutes Annotated § 304-C-132" (New Hampshire). 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 New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 304-C-132 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire 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 New Hampshire.