(1) If, in a judicial proceeding brought to dissolve a limited liability company, after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-80-810 exist, it may enter a decree dissolving the limited liability company and stating the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing pursuant to part 3 of article 90 of this title.
After entering the decree of dissolution, the court shall direct the winding up andliquidation of the limited liability company's business and affairs in accordance with section 780-803 and the giving of notice to claimants in accordance with sections 7-90-911 and 7-90-912.
The court's order or decision may be appealed as in other civil proceedings.
Source: L. 2003: Entire part R&RE, p. 2275, § 192, effective July 1, 2004. L. 2004: (1) and (2) amended, p. 1465, § 199, effective July 1. L. 2006: (2) amended, p. 864, § 39, effective July 1.