Louisiana Dissolution Package to Dissolve Limited Liability Company LLC
LIMITED LIABILITY
COMPANY DISSOLUTION
(BY AFFIDAVIT)
LOUISIANA
STATUTORY REFERENCE
LOUISIANA REVISED STATUTES, §§ 12:1335.1
In Louisiana, there are extensive statutory provisions addressing
limited liability dissolution. However, the quickest and most efficient
method of dissolution is dissolution by affidavit.
If a LLC is not doing business and owes no debts, it may be dissolved
by filing an affidavit with the secretary of state. The affidavit,
which must be executed by the members or by the incorporator if no membership
interests have been issued, must attest that the LLC is not doing business
and owes no debts and request that the corporation be dissolved.
The important distinction between this method of dissolution and the
other methods provided by statute is that the members or the organizers
if no membership interests have been issued remain, after dissolution,
personally liable for any debts or claims, if any, against the LLC in proportion
to their ownership in the LLC.
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