§ 2-702. Judicial dissolution.
This section is included in your selections.
In a proceeding by or for a member, the Court may order dissolution of an LLC if any of the following is established:
A. That it is not reasonably practicable to carry on the business of the LLC.
B. That the LLC is not acting in conformity with articles of operation.
C. That one or more managers are acting or will act in a manner that is illegal, oppressive, or fraudulent.
D. That one or more members in control of the LLC are acting or will act in a manner that is illegal, oppressive, or fraudulent.
E. That LLC assets are being misapplied or wasted. ONCA 08-02, eff. June 13, 2008.