31 §694. Statement of withdrawal (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 8: ADMISSION AND WITHDRAWAL OF MEMBERS

§694. Statement of withdrawal

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

1. Statement of withdrawal. A member who has withdrawn or the limited liability company may file a statement of withdrawal stating the name of the limited liability company and that the member has withdrawn from the limited liability company.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

2. Deemed to have notice. For the purposes of sections 641 and 693, a person not a member is deemed to have notice of the withdrawal 90 days after the statement of withdrawal is filed.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).