New York § 705 - 705Articles of dissolution
Full text of New York New York Consolidated Laws § 705 — 705Articles of dissolution, with citation guidance and answers to common questions.
§ 705. 705Articles of dissolution
§ 705. Articles of dissolution. (a) Within ninety days following the dissolution and the commencement of winding up of the limited liability company, or at any other time after the expiration of the time period for continuation of the limited liability company without the agreement in writing to continue by the legal representative of the last remaining member under paragraph four of subdivision (a) of section seven hundred one of this article has expired, articles of dissolution shall be filed with the department of state entitled "Articles of dissolution of... (name of limited liability company) under section seven hundred five of the Limited Liability Company Law" and executed in accordance with section two hundred seven of this chapter. The articles of dissolution shall set forth: (1) the name of the limited liability company; and if it has been changed, the name under which it was formed; (2) the date of filing of its articles of organization; (3) the event giving rise to the filing of the articles of dissolution; and (4) any other information the persons filing the articles determine. (b) The cancellation of the articles of organization is effective at the time of filing of the articles of dissolution. (c) The cancellation of the articles of organization shall not affect the liability of the members during the period of winding up and termination of the limited liability company.
Frequently Asked Questions About New York § 705
What does New York Consolidated Laws § 705 cover?
Section 705 ("705Articles of dissolution") is part of the New York Consolidated Laws, the codified statutory law of New York. 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 York § 705?
A common citation format is "New York Consolidated Laws § 705" (New York). 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 York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 705 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York 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 York.