On application by or for a member, a circuit court may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on the business of the limited liability company in conformity with the operating agreement.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 32 - Small Business Entity Tax Pass Through Act
§ 4-32-902. Judicial dissolution
§ 4-32-904. Agency power of managers or members after dissolution
§ 4-32-905. Distribution of assets
§ 4-32-906. Articles of dissolution
§ 4-32-907. Known claims against dissolved limited liability company
§ 4-32-908. Unknown claims against dissolved limited liability company