Title to assets remaining after payment of all debts, obligations, and liabilities, and after distributions to members and holders of financial rights, may be transferred by a court in this state.
Structure 2021 Tennessee Code
Title 48 - Securities, Corporations and Associations
Chapter 249 - Tennessee Revised Limited Liability Company Act
Part 6 - Dissolution and Winding Up of the Llc
§ 48-249-604. Grounds for Administrative Dissolution
§ 48-249-614. Effective Date and Effect of Articles of Termination
§ 48-249-615. Supervised Winding Up and Termination Following a Nonjudicial Dissolution
§ 48-249-616. Judicial Intervention