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490A.1302 Judicial dissolution.

On application by or for a member, the district court of the county in which the registered office of the limited liability company is located may decree dissolution of a limited liability company if it is not reasonably practicable to carry on the business in conformity with the articles of organization and any operating agreement.

Section History: Recent form

92 Acts, ch 1151, § 69

Internal References

Referred to in § 490A.703, 490A.1301, 490A.1516


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