Section 10-12-38 Judicial dissolution.
Section 10-12-38
Judicial dissolution.
On application by or for a member, the circuit court for the county in which the articles of organization are filed may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on the business in conformity with the articles of organization or operating agreement.
(Acts 1993, No. 93-724, p. 1425, §38.)