On application by or for a member, any court of competent jurisdiction may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on the business in conformity with the articles of organization or operating agreement.
La. R.S. 12:1335
Judicial dissolution
Known as the Limited Liability Company Law
The act spans §§ 12-1190 to 12-1370 (93 sections).
Acts 1992, No. 780, §2, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.