Permits a member or members of a limited-liability company to avoid dissolution by buying the membership interest owned by the other member or members seeking dissolution.

Introduced

Feb 26, 2025

Last Action

Mar 4, 2025

Session

RI 2025

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03/04/2025 Committee recommended measure be held for further study

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AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED-LIABILITY COMPANY ACT

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Primary Sponsors