35-8-906. Articles of termination. (1) At any time after dissolution and winding up, a limited liability company may terminate its existence by filing with the secretary of state articles of termination stating:
(a) the name of the limited liability company;
(b) the reason for filing the articles of termination;
(c) the effective date of the articles of termination, which must be a date certain, if they are not to be effective upon the filing;
(d) the name of the agent or agents authorized to receive service of process after dissolution or termination of the limited liability company;
(e) the name of the person or persons authorized to wind up the business and authorized to execute documents on behalf of the limited liability company;
(f) the date of the dissolution; and
(g) that the company's business has been wound up and the legal existence of the company has been terminated.
(2) The existence of a limited liability company is terminated upon the filing of the articles of termination or upon a later effective date, if specified in the articles of termination.
History: En. Sec. 51, Ch. 120, L. 1993; amd. Sec. 41, Ch. 302, L. 1999.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 8. Montana Limited Liability Company Act
35-8-902. Judicial dissolution
35-8-904. Agency power and liability of members or managers after dissolution
35-8-905. Distribution of assets
35-8-906. Articles of termination
35-8-908. Known claims against dissolved or terminated limited liability companies
35-8-909. Unknown claims against dissolved or terminated limited liability companies
35-8-912. Reinstatement following administrative dissolution