Vt. Stat. Ann. tit. 11, § 4101

(1) A limited liability company is dissolved, and its business shall be wound up, upon the occurrence of any of the following events: an event or circumstance that the operating agreement states causes dissolution;

(2) consent of the number or percentage of members specified in the operating agreement, or in the absence of a provision governing approval of a dissolution or winding up of the company contained in an operating agreement, the consent of all the members;

(3) the passage of 90 consecutive days during which the company has no members;

(4) on application by a member, the entry by the Superior Court of an order dissolving the company on the grounds that: the conduct of all or substantially all of the company's activities is unlawful; or

(5) it is not reasonably practicable to carry on the company's activities in conformance with the certificate of organization and the operating agreement; or

(6) on application by a member, the entry by the Superior Court of an order dissolving the company on the grounds that the managers or those members in control of the company: have acted, are acting, or will act in a manner that is illegal or fraudulent; or

(7) have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applicant.