Sec. 4. Unless otherwise provided in a written operating agreement, the following may wind up the business or affairs of the limited liability company:
(1) The members or managers with authority to manage the limited liability company under IC 23-18-4-1.
(2) If a member or manager has engaged in wrongful conduct or upon other cause shown, the circuit or superior court of:
(A) the county in which the limited liability company's principal office is located; or
(B) if there is none in Indiana the county in which its registered office is located;
on application by a member or the member's legal representative or assignee.
As added by P.L.8-1993, SEC.301.
Structure Indiana Code
Title 23. Business and Other Associations
Article 18. Limited Liability Companies
Chapter 9. Voluntary Dissolution
23-18-9-1. Circumstances Requiring Dissolution; Companies Existing on or Before June 30, 1999
23-18-9-1.1. Circumstances Requiring Dissolution; Companies Formed After June 30, 1999
23-18-9-2. Court-Decreed Dissolution
23-18-9-3. Powers of Dissolved Company; Effect of Dissolution
23-18-9-4. Entities Entitled to Wind Up Company's Business or Affairs
23-18-9-5. Binding Acts of Members Following Dissolution
23-18-9-6. Distribution of Assets
23-18-9-7. Articles of Dissolution; Filing
23-18-9-7.5. Revocation of Dissolution