Section 322B.853 Decree of Termination
322B.853 DECREE OF TERMINATION.
Subdivision 1.When entered.
If the court has ordered a dissolution, or the court has intervened under section 322B.833, subdivision 1, clause (1), or has ordered or caused a dissolution under any other provision of that subdivision, then after the affairs of the dissolved limited liability company have been appropriately wound up the court shall enter a decree terminating the dissolved limited liability company.
Subd. 2.Effective date.
When the decree terminating the limited liability company has been entered, the limited liability company is terminated.
History:
1992 c 517 art 2 s 120