Maine Resolution of Meeting of LLC Members to Dissolve the Company When it comes to dissolving a Limited Liability Company (LLC) in the state of Maine, it is essential for the members to follow a specific process outlined by the Maine Revised Statutes Annotated. One crucial step in this process is the meeting of LLC members, where a resolution is proposed and passed to dissolve the company. This resolution serves as an official document that legally signifies the decision to terminate the LLC's operations. The content of the Maine Resolution of Meeting of LLC Members to Dissolve the Company includes important details and relevant keywords that ensure its validity and clarity. The resolution typically includes the following: 1. Title: The document should be titled "Maine Resolution of Meeting of LLC Members to Dissolve the Company" for clear identification and reference purposes. 2. Introduction: The resolution should begin with an introductory paragraph that states the name of the LLC and reaffirms that the meeting is being held in accordance with the provisions of the Maine Revised Statutes Annotated. 3. Purpose: The purpose of the resolution is to clearly state the intent of the LLC members to dissolve the company. This section should explicitly mention the decision to dissolve the LLC. 4. Resolution Statement: The resolution should include a statement that attests to the passing of a resolution by the LLC members present at the meeting, indicating their unanimous or majority decision to dissolve the company. 5. Effective Date: The resolution should specify the effective date of the dissolution, which is the date when the LLC's legal existence is terminated. Future actions, such as winding up the LLC's affairs and distributing its assets, are typically initiated from this date. 6. Dissolution Process: The resolution may include additional details pertaining to the necessary steps and procedures that should be followed for an orderly dissolution process. This can include appointing a dissolution trustee, settling outstanding liabilities, and initiating necessary legal actions. Different Types of Maine Resolution of Meeting of LLC Members to Dissolve the Company: 1. Unanimous Resolution: This type of resolution occurs when all LLC members agree to dissolve the company. All members present at the meeting must support the resolution for it to pass. 2. Majority Resolution: In certain cases, an LLC's operating agreement may require only a majority vote for dissolution. This type of resolution signifies the decision to dissolve when a specific percentage or number of members support the resolution. It is important to note that the actual content and specific wording of the Maine Resolution of Meeting of LLC Members to Dissolve the Company may vary depending on the unique circumstances and requirements of individual LCS. Consulting with legal professionals or referring to the Maine Revised Statutes Annotated is advisable to ensure the accuracy and compliance of the resolution.