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

Jan 28, 2026

Last Action

Feb 3, 2026

Session

RI 2026

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02/03/2026 Committee recommended measure be held for further study

HB 7478

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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