Dissolution

  1. Law
  2. Tennessee Code
  3. Securities, Corporations and Associations
  4. Professional Limited Liability Companies
  5. Eligible Members, Transfers, Etc
  6. Dissolution

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The attorney general and reporter may commence a proceeding under §48-245-902 to dissolve a PLLC if:

  1. The secretary of state or a licensing authority with jurisdiction over a professional service described in the PLLC's articles serves written notice on the PLLC in accordance with § 48-208-104, that it has violated or is violating a provision of this chapter;
  2. The PLLC does not correct each alleged violation, or demonstrate to the reasonable satisfaction of the secretary of state or licensing authority that it did not occur, within sixty (60) days after service of the notice in accordance with § 48-208-104; and
  3. The secretary of state or licensing authority certifies to the attorney general and reporter a description of the violation, that it properly notified the PLLC of the violation, and that the PLLC did not correct it, or demonstrate that it did not occur, within sixty (60) days after service of the notice, in accordance with § 48-208-104.


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